Ya had to know SMCI would respond like "tulipmania". Like I told you before it got there....$1000 was going to be a trigger point and it just depended on who'd be first to sell. I guess the stock needed a "roaring kitty" to calm the masses, but that money was so fast and easy, people weren't going to wait to find out its true worth. After all, I'd bet more than half the people who bought it, didn't have a clue what the company did.
My guess is $555 is a support level, but you really can't tell since it went up so quickly. The fact that my selling too soon cost me a new Volvo kind of ticks me off.
The spousal_unit keeps reminding me how much I made on it though.....who wants calm and reasoning at a time like this?!!
edit: just looked it up. Current support is at $300...THREE HUNDRED!!! But that's gonna rise quickly over the days. I'll stick with the $555 guess only because it's somewhere in the middle of reality.
Meanwhile, I don't know why I never jumped into NVDA...other than I guess I didn't understand it.
What is $AI doing wrong?
Just my opinion, of course.