Derf, Looks like SMCI is still elevating, and the chart is saying that 1000 'might' be in the cards in this move, yikes. Tough to say, but the financial writers are pointing out how undervalued the stock was and still is, compared to Ai darlings like NVDA. So who knows? Fun to watch, though I only have a tiny position so it's been a lot easier to just ride it up and not worry :o)
Looking at PLTR, I totally missed this move, but did own a little last year during the previous big run up. Back then I grabbed the profits quickly, so sold too early, but this time I'll probably just watch from the sidelines. Looking at their slob of a CEO (Karp) does not inspire confidence, and much of their business comes from the intel community / Deep State, so I wonder how well that can translate into a broader business model? But with the 'Ai revolution' upon us, and lots of hype, who knows. But lots of unknowns with that stock.
Btw, Peter Thiel has another company called Rumble, which is basically a You Tube for conservatives. One theory is that they are mainly assembling a 'dissidents list' for future use by the government, ie people to be surveilled and eventually rounded up, ala China. Who knows, but as an investment I'll probably steer clear. I briefly traded it last year, but was glad to get out roughly even. Same with the Trump SPAC (DWAC), which traders are currently having fun with, but probably best kept in the 'entertainment' category imo.
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