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News Focus
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bbotcs

12/26/24 4:56 PM

#15611 RE: littlejohn #15609

LJ: SMCI, MSTR
If, on Dec. 31 is nearly the current level, buying shares might not be a bad idea, or at least selling puts might be a plan.
MSTR: If Bitcoin has a big correction, I plan to double-down in MSTR.
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bbotcs

12/30/24 8:42 PM

#15613 RE: littlejohn #15609

SMCI: A GTC order of $26 is starting to look wildly optimistic, but you never can tell. The rebalancing in January could push it lower, should AI stocks be out of favor temporarily. If the economy is slowing, imo, tech stocks will remain the only game in town.
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bbotcs

12/31/24 3:09 AM

#15614 RE: littlejohn #15609

lj: GRRR
Up again today on excellent volume. In general, market volume is usually lower at the end of the year, but today's volume was up over 5X the average. The float is in the teens, 15M, 16M?, which helps.
On another topic, heard a news report to the effect that China will be using quantum computer as a tool to improve hacking. Quantum this, quantum that. I guess QC stocks will remain interesting, but volatile, in 2025.
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bbotcs

01/02/25 1:38 PM

#15615 RE: littlejohn #15609

GRRR--Up $7 as of 1:35 p.m. EDT. Company announced two new contracts in Taiwan.
SMCI going sideways.
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bbotcs

01/08/25 1:37 PM

#15616 RE: littlejohn #15609

SMCI down today. Jensen Huang's outlook on quantum computing applications--20 years out-- should put the juice back into AI stocks. I was surprised to see SMCI down today. Still have the GTC orders at $26 and $23. Stranger things have happened.
I took a hit on quantum stock RGTI. Saw it at $15 at 4:00 a.m., but was asleep for premarket trading and couldn't get out.
It opened at $12 and change.