Hhaaaa, Luke, I am your father...decay is

now the enemy for options

during consolidation...

Dark side says show me some pwoof...

Coin flip from here until news comes out

is a good guess...

so we watch...LJ

Brokers should be tightening margin on oil

companies about now...

Most brokers reduced margin available

on SMCI when EY resigned, Which really

triggered a bigger sell off than normal...

Gonna guess that is post from a hooked

short in the middle of the night stating to

see maintenance changes...

or loaded up on cheaper puts on Friday...

so we watch...LJ

AMD loves the partner, SuperMicro engineering focus...

https://www.facebook.com/Supermicro/videos/2711757575875117


so we watch...LJ

More retail will be off work in holiday

week ahead...

so we watch...LJ

SMCI partners with NVDA to aid seamless deployment...

https://www.facebook.com/Supermicro/videos/1265862261389581


so we watch...LJ

SMCI great partnership with NVDA adds liquid cooling...

https://www.facebook.com/Supermicro/videos/1265862261389581


Ai croaks without liquid cooling for

the super cluster operations...


so we watch...LJ

SMCI may start trying on $38 on Monday...

that is steady resistance going back to

being set up as support back in early

September on lows on trading days...

https://www.barchart.com/stocks/quotes/SMCI/interactive-chart

Buyers came in to buy on bad news at

$38 and above from early September

until October 30th 8-K filing...

The gap down from there showed a break

down in buying support that then becomes

a resistance price point...

Around $38.16 is the 50 day average

moving price now also...

SMCI starting to tap around $38 price on

Monday may keep trying a few days

or wherever it moves up to...

Depending on whether good news comes

at any time...

Nothing for sure, but the momo is in play

now and the chart shows the resistance point

area possible to challenge it...

Very nice to even be considering these

possibilities now...


Unplug internet modems for over 1 minute

and longer when hacker threat warnings

are issued...noticed the Etrade was also

not accessible for awhile earlier...

so we watch...LJ

SMCI handled the $33 resistance mark very

well on Friday and with Heavy volume...

$38 resistance area is next test, and

the calls bot heavy on Friday for next

week suggest that Monday will see

the volume stay strong on buying...

$38 resistance area getting topped should

move it to support while awaiting

more updates...

The charge above $40 toward $45 to $47

will need to come from a strong base

if/when good news comes out...

Above $47 only traded a day or so on

pumped up action that now looks like

they had info on auditor resigning, so

they could profit on shorts from there...


Numbers are estimates and only become

clearer when they become history on

charts to review...


so we watch...LJ

Who you calling shady, mister?...

That is a Dow company now...

SMCI has always spent a large

percentage of their supply purchases

with NVDA, and long before Ai chips...

so we watch...LJ

SMCI had two +10%+ gainer days in

a row to close the week...

+15%+ on Thursday...

+11%+ on Friday...

Buyers were flagged for piling on,

on Friday...

Hopefully there is safety in numbers...


so we watch...LJ

Well, just be that way, hopefully some can help

open the exit for you... :)

so we watch...LJ

S&P 500 seems like confidence vote on listing

being maintained...

so we watch...LJ

SMCI moving back above $38 will fill

last area of gap down caused after

auditor resigned...Around $47 was price

when 8-K notified of auditor resigning...

SMCI has a new auditor now...

https://stocktwits.com/Diefreeandsell/message/593513745

Above $40 or so can get market cap

back up to what may be low ball

estimate of one times annual revenue...

SMCI had huge buying on Thursday for

$30, $31, $32, and $35 calls expiring

on Friday...which may be more pre planning

for a Friday price move than gambling...


so we watch...LJ

SMCI deals with Seagate, a super storage beast

for data, in Ai growth...

https://www.facebook.com/Supermicro/videos/1871183493407920

so we watch...LJ

SMCI, nothing like owning a whale in

deep water just before it breaches...

https://finance.yahoo.com/news/three-mystery-whales-spent-10-010100215.html

And everyone marvels and says,

'oh, what a pretty sight to behold'...


so we watch...LJ

Is SMCI a whale buying NVDA chips in

first nine months of this year?...

https://finance.yahoo.com/news/three-mystery-whales-spent-10-010100215.html

Most following know that SMCI has

averaged buying nearly 3 billion per

quarter of NVDA chips for first nine

months of 2024 calendar year...

And it took a lot of spending which produced

negative free cash flow for two of those

three quarters in 2024 calendar year...

Companies have to spend money to

make money...

SMCI is priced far from Whale status

at this current time...


so we watch...LJ

Thanks, the MSN news link mentions SuperMicro

as being mentioned in the text...

Just like to verify it is accurate since

many of us don't subscribe and only

get the header from Yahoo...

Seems like a nice relief for SMCI holders...

so we watch...LJ

Count on some Real Security in D.C. when

the Electoral College results get

there in January, 2025...

Hezbollah reportedly wants a peace deal

proposed by U.S....

But the U.N. will have to run the Israel

genocide squads out of Gaza to see

it carried out as needed...


so we watch...LJ

Supercluster computers need SuperMicro liquid cooling

solutions...

https://finance.yahoo.com/news/supermicros-liquid-cooled-superclusters-ai-170000406.html

so we watch...LJ

Does anyone have the info from Barron's article

shown on Yahoo for SMCI and the

S&P 500 change?...

so we watch...LJ

SMCI moving above $33 is the resistance area

where the recent downdraft fell from...

One step at a time...

$30 was psychological mark for profit taking

by traders on Thursday...

Friday has been a day of some good moves

up for SMCI in the past...

Which would pressure short covering by those

who decided not to hold short anymore going

into the holiday week ahead...

Look at all that money flow on options,,, It

would be on the share price moving up

on an OTC company after a 10K filing if

SMCI was moved down there...

and brokers would lose all the option commissions...



So we watch...LJ

SMCI passes 100 million trading volume

on a green day...

so we watch...LJ

Dow company had almost three billion revenue quarterly

in 2nd and 3rd calendar quarter of

2024 from a Nasdaq company that

needs approval to keep trading on Nasdaq...

Peon estimate only until 10K,2024 and 1st

quarter, 2025 filings are released...


A Nasdaq company that improved free cash

flow by almost 1 billion from 2nd to 3rd calendar

quarter of 2024, 4th quarter, 2024 and 1st quarter,

2025, for that company...Cash flow positive by

around 400 million in 1st, quarter, 2025 per

on the record oral comments in company CC

for 1st, quarter, 2025...best estimate from memory

on that number mentioned in company CC...

Cash position in pr for 4th quarter, 2024, and

1st quarter, 2025 seem to be in line with that

free cash flow to increase cash to about the

2.1 billion area...

A caveman can audit the cash...

Equity market is all about placing bets and

seeing where things end up...

so we watch...LJ

SMCI needs to hold above around $25 or

the daily low on Wednesday for the

Thursday low if buyers can hold it...

To have a chance of moving above

$30 per share next week...

Plenty of shorts out there that haven't

bothered to cover yet...

Because they know that retail gets discouraged

if the price doesn't hold support after

a regular pull back from heavy trading...

Price persistence makes shorts cover

more than a big rally and a flop...

Now it is orderly if next step up starts

slowly from the back test...

so we watch...LJ

NVDA CC at 46 minutes where Jensen mentioned

a long list of key partners...

564 companies on Nasdaq list of non compliant

companies on 11/20/2024...

https://www.nasdaq.com/market-activity/stocks/non-compliant-company-list?page=25&rows_per_page=20


so we watch...LJ

That XAI, Colossus, delivery had to be what

killed gross profit in 2nd quarter by

being billed too low for costs...

Hadn't thought about it the way you

mentioned for the next XAi facility

to be built in 2025...

so we watch...LJ

Did NVDA say anything that helps SMCI?...

8-k after hours got a short extension on

a revolver account...Can SMCI get a 10K

filing done by 12/31/2024?...

I have no idea what the pr after hours

says or means...

SMCI seeing a pull back on some quick,

big profit taking wasn't a surprise...

Are traders coming back for more?...

so we watch...LJ

NVDA sells their own liquid cooled servers...

are you sure about that price?...

No insiders have spent any of their own

money to buy shares in filings that were

either for Directors fees or insider bonuses...


so we watch...LJ

Nasdaq informs public of delisting on same day

that they send a company

a rejection letter...

There won't be five days of not knowing

like when the auditor resigned...

so we watch...LJ

SMCI, wonder if Elon is privy to DOJ

inquiry info at this time?...

https://www.google.com/search?q=xai+shifts+orders+to+dell&rlz=1C1RXMK_enUS1056US1056&oq=xai+shifts+orders+to+dell&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRhB0gEJMTMyNjJqMGo0qAIAsAIB&sourceid=chrome&ie=UTF-8

Seems like everybody and their relatives,

except SMCI traders currently, know about

potential big revenue loss in 2025...

so we watch...LJ

Buy SDOW before NVDA crashes market

on Thursday...

Make enough to pay off all

lawsuits in one day...

so we watch...LJ

Biden and putin, back and forth...

https://apnews.com/article/russia-nuclear-doctrine-putin-91f20e0c9b0f9e5eaa3ed97c35789898

so we watch...LJ

UDN.com broke story on orders from XAi shifting...

https://www.networkworld.com/article/3608660/musks-xai-shifts-ai-server-business-from-struggling-supermicro-to-dell.html

Actual story in Taiwan was made as

an update for investors in Taiwan

related companies there...

It could have merit for that reason...

Post on X on the topic on 18th is

still up...


so we watch...LJ

SMCI around 20 is about 10 forward p/e on

.50/share current quarter earnings...

If they hit revenue marks and don't

have higher unexpected expenses...

DELL a little higher on forward p/e...

HPE still lower on forward p/e than 10...

DELL and HPE both have higher revenues

on a more diversified revenue base...

Unknown higher expenses may be the

problem short term under a year...

X biz is a low margin biz either way...

Fly crews across country, pay them to stay

there and payroll, and pay them per diem...



so we watch...LJ

SMCI,,, I may have figured out what the

problem is that the EY Auditor really

didn't want to sign off on...

It doesn't mean that SMCI is a bad

company...

But the depreciation matter on inventory

that Deloitte originally highlighted as a

Critical Matter could end up causing

the earnings to be restated lower...

Long time before BDO reveals anything...

so we watch...LJ

Critical Audit Matter Description that Deloitte highlighted

gets a third pair of eyes...

page 51 in 2023 10K filing...

https://www.otcmarkets.com/filing/html?id=16892625&guid=gmY-kFtjc_XiIVh#SMCI-20230630_HTM_icac7281ee66a4bc980041b3207ca2865_148

Deloitte Audit was basis of SMCI

getting up listings in 2024...

Inventory that becomes obsolete with tech

evolving so fast must be written down then

and reduces the net earnings...

SMCI has been using a constant basis from

appearances on that subject...

10Q filing link from 03/30/2024...

https://www.otcmarkets.com/filing/html?id=17511383&guid=gmY-kFtjc_XiIVh

SMCI had about 1.4 billion of inventory to

end the 06/30/2023 quarter,,,fiscal year end...

then came the rapid advances of Ai

and new products...

Nine Months Ended
March 31,
2024 2023
OPERATING ACTIVITIES:
Net income $ 855,422 $ 446,429
Reconciliation of net income to net cash (used in) provided by operating activities:
Depreciation and amortization 29,174 25,932

The depreciation didn't change much from

03/31/2023 for nine months versus the

nine months ended 03/31/2024...

This could be an area where EY chose to

probe more and didn't get answers that

they felt ok with...

Maybe SMCI are magicians and never had

a need to depreciate or write down more

inventory as tech changes accelerated...

BDO can perform an Independent Audit

and add as many pages of Critical Disclosures

needed for the public review...

And SMCI will need to file that 10K then as

things are found to look since they could

be near the end of a timeline extension...

If Deloitte saw it as a Critical Matter then

it is good to be slower on the trigger until

another Auditor reveals their results...

Cash, sales, loans, inter company dealings

are easier to track...

An outside Auditor may need more assistance

to review how the older inventory moves or

whether it is out of date and should be recorded

as a charge against earnings...

Just something to watch as the Ai appears in a

little stall mode now anyway...

Old inventory in tech is like an oil company

spending to drill a dry well and has to be

accounted for timely and correctly...


So we watch...LJ

AMD tests fastest supercomputer... Hot Blackwell

chips may be overheating servers...

NVDA new chip delays might make this

be remembered as the Lost Quarter

in Ai revenue streams for companies...

Share Prices don't look like the market has

reacted to that possibility yet...

so we watch...LJ

During the fiscal years ended June 30, 2024 and 2023 and the subsequent interim periods through November 18, 2024, neither the Company nor anyone on its behalf has consulted with BDO regarding: (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that BDO concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; (ii) any matter that was the subject of a “disagreement” within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions; or (iii) any “reportable event” within the meaning of Item 304(a)(1)(v) of Regulation S-K.

https://www.otcmarkets.com/filing/html?id=17984736&guid=gmY-kFtjc_XiIVh

No peeking allowed before taking the

auditor position...

so we watch...LJ

https://x.com/PiQSuite/status/1858443105998954917

https://www.tomshardware.com/tech-industry/artificial-intelligence/elon-musks-xai-reportedly-shifts-usd6-billion-ai-server-order-from-troubled-supermicro-to-its-rivals

It took 5 days before hearing about

an auditor resignation...

An 8-k on losing a huge contract to

lower quarterly revenue guidance isn't

a sure thing if true...

Taiwan news broke the story and that

link hasn't come off X yet on Monday...

Which may mean nothing...


so we watch...LJ