InvestorsHub Logo
Replies to #99961 on Derf's Grotto

fung_derf

01/24/24 4:08 PM

#99963 RE: fung_derf #99961

Ð......Even if no one else is amazed by me, I sometimes amaze myself....So, I predicted $SMCI getting to $499. It hit just under $497 today. Closed at $470.
Now comes the hard part. Now that I'm out. Do I buy back in, (I think it will close the week, tomorrow, around $460 or so), or do I take my gains elsewhere?
High Yield bonds are looking extremely attractive right now for instance. But the upside for SMCI looks sooooo much higher if they continue as predicted. This may be the next big thing. Of course, it may pullback to $345 first.


Ð.....Sold my $SMCI right now at $487.73. Not bad from $37. Not going to get greedy (repeat this three times). It may get to $499 soon.
I hope to buy it back soon though.