Heck of a recovery on SMCI last week. Think from Monday's low to Friday's high...the stock was up 28%! Good luck to those holding into earnings tomorrow. I'd be taking profits after the big rebound last week. Especially after they didn't preannounce the quarterly numbers like usual (which is what sent the stock tumbling in the first place). So very unlikely to crush estimates. Outlook should continue to be strong with the AI bubble in full swing. Stock could go either way after earnings, sure to be a volatile trader. I'll be watching from the sidelines.
SMCI...Nice action continues on SMCI...I have been very successful at using it as a trading vehicle over the past couple days. Haven't decided yet if I'm going to hold into earnings, (thinking about holding onto a small position). Hope you're making a mint on this one valuemind.👍
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