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wadegarret

05/03/24 11:53 AM

#112710 RE: hweb2 #112705

Hweb- SMCI

No need to pull the trigger on that one IMO. Bottom line is, if they were surprised by "stiff competition" taking down Q1 estimates, then it can keep happening, and IMO probably will. This is a dead cat bounce for SMCI & I feel it will settle around $700 or less over the next month. Now IART and AAOI are are the big potentials for next week. Both have been pummled, and either one could rally 50% with a better than expected Q1(Q2 guidence) report.

valuemind

05/04/24 8:03 AM

#112724 RE: hweb2 #112705

hweb2, SMCI, a growth stock, would not be undervalued if she could not grow fast. You are the value investor, so it is understand why you stay away from her. I keep 75% her untouched for long term, and 25% for short term trading. Both long and short term have been extremely profitable, and she has been the third most profitable stock this year so far for me. The quarter ending March 31 is seasonally weak, but the quarter ending June 30 is seasonally strong. So the great time is only 2 months away. No one could guarantee a growth stock stays growth for long, but I believe strongly that SMCI will.

researcher59

05/31/24 10:57 AM

#113336 RE: hweb2 #112705

SMCI - 56 to 771, was over $900 earlier this week. Any interest in buying a few for a trade ?