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Coach Donnie : $Super Micro Computer (SMCI.US)$ I’m going back in at $30-$32 on SMCI. Everyone will have get their senses back tomorrow and the stock will go back up. One percenters don’t let a good storm go to waste so they are exploiting the accountant resigning. One percenters are flipping it. In my opinion.
are taking advantage of this dip in stock price SMCI.. Just my opinion. Be greedy when others are fearful. Be fearful when others are greedy.. Warren Buffett
Congratulations to those that bought. I bought a large chunk at $32.xx. It’s a short for me. I’ll probably sell at $38-$45 for a quick 30%plus profit for some FCF.
My trailing stop loss hit at $37.50. So I made $5/share on 5,000 shares for a $25k profit. If it drops to $32 again I’ll rebuy. I have done this with SMCI before the split. I learned from Richard’s play with Tesla to find chaos, execute quickly and make a quick profit. SMCI is a great company with a great products however their organizational skills internally with financials is a mess that can be exploited. SMCI doesn’t scare me because the prices has nothing to do with their products. It’s a great company that I believe will do well long term. Just my opinion. I’m just going to use it as a short for now but will go long at some point. Happy Hunting
Wall Street aliens
Super Micro Computer stock (SMCI) cratered Wednesday morning, falling over 30% after a filing revealed accounting firm Ernst & Young (EY) has resigned from its relationship with the tech company.
In the resignation letter, EY said: “We are resigning due to information that has recently come to our attention which has led us to no longer be able to rely on management's and the Audit Committee’s representations and to be unwilling to be associated with the financial statements prepared by management, and after concluding we can no longer provide the Audit Services in accordance with applicable law or professional obligations.”
Coach Donnie Coach Donnie : SMCI (Super Micro Computer) is considered a good investment by some analysts, thanks to its first-mover advantage in the design of GPU-based compute systems and liquid-cooled rack-level solutions. This puts it in a strong position to benefit from growing investments in AI infrastructure. In fact, Needham forecasts a revenue compound annual growth rate (CAGR) of over 55% from fiscal year 2021 to fiscal year 2026 ¹.
are recent things I read not necessarily my views.
DISCLAIMER 
Here are some key points to consider:
- *Analyst Ratings*: The average analyst target price for SMCI stock is $783.67, representing a potential upside of over 74%.
- *Growth Potential*: Argus Research is even more bullish, with a Buy rating and $1,000 price target, citing SMCI's positioning within transformational AI technology ¹.
- *Volatility*: SMCI's stock price has been volatile, with a 52-week low of $22.66 and a 52-week high of $122.90 ².
- *Industry Rank*: SMCI's industry, Computer-Storage Devices, ranks in the top 25% of Zacks Ranked Industries ².
Overall, while SMCI appears promising, it's essential to weigh the risks and potential rewards before making an investment decision.
* Above
* Q: Are there any Guarantees with Stocks ETFs or the market overall?
* A: Yes. Nothing is guaranteed.
For ANY and all aforementioned/heretofore Stocks, ETFs, side hustles or other Assets/asset classes mentioned
Remember the following:
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.
I Share Because I Care. The aforementioned is for Informational Educational & Entertainment purposes ONLY, this is NOT investment advice.
You have to do what’s best for you and yours at the end of the day. There’s NO guarantees in Investing nor Asset Accumulation.
Reach out to your Financial Advisor, CPA and or CFP.
I am not a Financial Advisor, CFP nor CPA.
Kevin Travers OP Coach Donnie : dude it cratered because its own accounting and auditing firm- the firm it needs to "ok" it's earnings results to the SEC, said that SMCI was screwed up on the inside. Not investing advice, but dude....
Coach Donnie Kevin Travers OP : Dude You think they’ll bounce back big?
Alen Kok : o
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