I want to thank Wade on SMCI, because many people like Wade misunderstood, sold and knocked down SMCI, I had the opportunity buying SMCI at 250 per share last December and buying back partially sold SMCI shares at 860 per share last Wednesday.
Last December SMCI raised $500+ million at $262 per share to buy expensive chips and build new factory to meet high demand, its share price felt back from over $300 to below $250, and then rose over $1200 in the next 3 months. Two days ago, SMCI raised $1.7+ billion at 870 per share to buy expensive chips and possibly build more factories to meet even higher demand, its share price felt back from over $1000 to below $860, how much will its share price rise to in the next 3 months, $1400, $2000, $4000?
I believe it will depend on the financial result this quarter to be announced next month. I believe that its financial result this quarter will be very good, better than expected. Otherwise, how could they raise $1.7+ billion?
