AI concept stocks hit new highs: When will the party end?
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SL99
joined discussion · Mar 20, 2024 04:47
Additional 2 million shares issued.
$Super Micro Computer (SMCI.US)$ Is it today? How do the experts view this? I feel like they have a greedy vibe, not trying to be negative, but the recent operations of this company are a bit strange. First, raising stock prices after hours, then convertible bonds, selling stocks for cash, followed by issuing more stocks. Is the increase in stock price after hours indicating an attempt to boost the price with a small amount of money, cash out, issue more shares, and then repeat the process? Quite terrifying.
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70135936 : I haven't been convinced without this ticket. You can take a look at thisSuper Micro Computer, Inc. ' s (NASDAQ: SMCI) High Institutional Ownership Speaks for Participation as Stock Presents to Impress, up 5.6% Over Last Week
As for the additional issue, it is said that it won't be until today's close. I don't know the exact time. Generally, there will be a notice when the additional issue is complete
QCOooo 70135936 : Are they secretly adding new releases tomorrow? Will the stock price drop directly when there is an increase in issuance
Liu XC QCOooo : It may be completed within the next few weeks. This is a demon stock. It is not easy to predict the rise or fall. When the K line opens, it will fall, and it should rise after distribution is completed
SL99 OP : I carefully read the fundraising instructions in the announcement. This series of operations should be aimed at expanding the productivity of the company's intelligent servers, and I'll wait and see
星衍 : The boss of this company just looked like an absurd face
SL99 OP 星衍 : I'm actually really nervous
Silverbat : Seems like a serious cash flow problem?
SL99 OP Silverbat : According to the conspiracy theory, it is possible that shareholders feel that their technology is irreplaceable, so they haven't worked with competitors to secure market share. To put it bluntly, they are not confident in their company's future prospects, and they simply used up all profits as possible when the stock price was highest, because the issue of issuing additional shares was certainly not a recent decision. Stock conversion into debt began when the stock price was highest, and the issue of issuing additional shares was already in order at that time. Don't listen to me. I'm a big-headed person. I'm talking nonsense; I haven't sold my own yet; I'm doing well