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"Companies listed on the S&P 500 or other stock exchanges are required to comply with SEC regulations when disclosing financial information, such as earnings releases. Although the SEC doesn't explicitly forbid companies from prereleasing earnings two weeks before the official date, strict guidelines must be adhered to. Prereleasing earnings has become less common due to market reactions in the past. Clearly the market overreacted today. There is confidence that SMCI will meet their guidance, given the strong demand for their solutions. They are expected to deliver an outstanding quarter with stellar guidance."
SMCI $721.01 -207.47 (-22.35%) .... PUMP CHASERS ARE STUNNED!!!!!!!!!
SMCI $757.41 -171.06 (-18.42%) .... SO MUCH FOR THE ***HYPE***!!!!!!!
GREEDY BAGHOLDERS ARE BEING PUNISHED!!!!!!
Went down because they did not preannounce a positive earnings surprise.
SMCI $777.41 -151.07 (-16.27%)..... WHAT DID BUBBLE HEADS EXPECT?????
I WARNED YOU THIS WOULD HAPPEN!!!!!!!!!!!!
Bullish article on SMCI, although the author is somewhat biased. Hell of a chart, people. Best of luck.
https://www.msn.com/en-us/money/savingandinvesting/super-micro-computer-stock-nasdaq-smci-massive-growth-makes-it-undervalued/ar-BB1ln3Ej?ocid=hpmsn&cvid=c0c70db0e16a4a4c96b01546a69dc561&ei=45
Nice day on $SMCI. Continuation tomorrow
I thought you were a day trader?
Crazy moves on $SMCI today. Who has been with me from the $860 level?
I bought it at $39. Day trading is for fools.
All you need to know is that a stock is bullish and a pullback is an opportunity to secure your entry.
All my levels on $SMCI are accurate. Less noises, more actions. I hope you’re enjoying the ride. $1000 is coming.
they brought it down right under offering pricing 875 now 904
The offering looking like a trap. Possible split will make shorts uneasy as well.
Supermicro Announces Pricing of Public Offering of Common Stock
https://www.businesswire.com/news/home/20240319735611/en/
JUST WHAT THE SHORTS WERE HOPING FOR, WILL IT DO A $MSTR AND GO UP ON OFFERING NEWS OR?
Are you taking credit for it? You have like 20 followers on IHUB.....but more importantly, why aren't you giving away your ideas for free? You're making money anyway, and others buying would help you as well....plus, you'd be offering a service to others.
If you’re in my premium room looking to day trade off my opinion and instructions, I am correct 99.9%.
The opinion is there to see too. Why was $SMCI tanking after my exit post?
BTW, your siggy is interesting.....
Are you stating that your free opinions don't count? Or are unreliable? In fact, if you are correct every time, you wouldn't need a disclaimer....or mention any risk.
LOL!! It works every time?!!!
Do you have any idea how many day traders I've known who long ago went broke? I don't believe anyone who says it works every time.....especially when that guy recommended loading up today at the open....then later claims he was selling then.
There is no legit day trading chart with support and resistance. I know because unlike you, I've been trading on technical analysis for over 30 years and almost everyone on IHUB hasn't a clue how to chart a stock.
Were you just lying to us?
$NVDA: $850s to $900s. Intraday setups
Check my profile. I am a day trader. I don’t sit around on trades. I buy intraday or premarket oversold levels and sell at the resistance. Tomorrow is another day.
Did the same on $NVDA and others. It works every time. I already gave the true buy entry if you’re trying to invest in $SMCI. $880 to $920 is today’s oversold to overbought levels. It happened twice.
Of course you sold near the high today....EVERYONE on IHUB does.
So, you predict today was a good day to load....then sold?
With your learning strategy in hand, tell us how far this will pullback again?
I don't like regrets.
As a trader, you must understand and possibly know if the stock you are buying or already bought is selling off or getting a healthy pullback. $SMCI story has not changed. It was profit taking yesterday and this morning.
$880 retested and loaded. $915-$917 resistance is very close. I sold $913.
Learn my trading strategy with my virtual training. You won’t regret it.
Your post did not age well.....by any chance did you sell on the opening and forget to tell us?
$885 out of the gate to $920 on $SMCI
The reason I am a day trader. I will day trade the heck out of it again today.
$960 to $1000 yesterday. The scenario was $960 open to continue the uptrend but opening below $960-$900 is bearish to $730 level now. It won’t go straight down but with occasional oversold bounces till it gets there. $SMCI
Good day on $SMCI today. Don't miss the pop tomorrow.
Are you going to come back any time soon to say you were right? I'm disappointed.
It’s being added to the S&P 500. All the index funds have to buy shares.
WOW! Actually broke out of the trend I'd say a week early. If this is a flag formation, this is really going to shoot up for a couple weeks.
Color me shocked.
650, in your dreams maybe.
From what I'm seeing in the chart is a flag formation, which means it will be bouncing back and forth for maybe a week or three more. I guess a traders dream if you're gutsy....or buying options (which probably are quite pricey).
I thought perhaps a pullback to $550 is the entry point, now I'm thinking $650 or so. Still looking pretty pricey.
Honestly, a straddle would be a great play here.
LOL....gotta say, you are a contrarian's delight.
Insiders are dumping.. you can buy their shares.. lol
https://www.nasdaq.com/market-activity/stocks/smci/insider-activity
That red font makes me want to buy more.
SMCI DOOM & GLOOM $798.88 -52.23 (-6.14%)
.... GOING ***LOWER***!!!!!!!!!
Gloom n doom boy
SOUN earnings Thursday. Already taking off.
Yeah, and in the long run, we're all dead. Meanwhile, there is a lot of play left in this space. But if you're in a hurry to front-run this debacle you claim will come, a feat that is nothing more than a privileged glimpse of a far-off possibility, then by all means, place your bet and show us the trade.
SMCI HAS A SUPER TIGHT FLOAT WHICH EXPLAINS ITS WILD PRICE SWINGS... BUT INVESTORS SHOULD NOT GET CARRIED AWAY WITH THE AI BUBBLE.... ITS GROSSLY INFLATED AND WILL BURST!!!!!!!
RUNNING AI TRAINING ON LARGE DATA SETS IS EXPENSIVE AND THERE WILL ONLY BE A FEW PLAYERS IN THIS SPACE WHEN THE DUST SETTLES.
RECESION AND THEN DEPRESSION IS COMING.... THIS CAN NOT BE IGNORED!!!!!!!!!!!!
Aguora I am in no position to assess your assertions. But it is a good thing that you find arguments to support your bearish stance. For the time being this company grows its earnings per share very fast. The p/e ratio is high but not absurdly high if the growth rate contioned for some time at the current pace. I guess the opportunities arificial intelligence is expected to generate is an important factor explaining the doubling of the stock price in not so many weeks.
SUPERMICRO MAKES SHABBY (CHINESE) SERVERS WITH A HIGH FAILURE RATE!!!!!!!!!
THIS IS ESPECIALLY APPARENT WHEN RUNNING FatTwin® SERVERS, THE NUMBER OF DEAD NODES IS ASTONISHING!!!!!!
SMCI'S P/E RATIO IS WAY TOO HIGH!!!!!!!
SELL THIS CRAP BEFORE ITS TOO LATE!!!!!!
Agoura This is one of the most absurd posts I have read! You call this very profitable and very fast-growing company crap. It is true that the pps swings wildly but the reason is stupid shareholders who don't seem to be aware of the rosy prospects of this company.
What an astute and well thought out post.
How could anyone not learn from you?
I can see you put a lot of research and effort into your thought process.
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