Super Micro Computer Inc (SMCI) News

Ray Dalio, sold 27% of his holding on NVD*A, then he upped his stake on AV*GO 4 times more, the he upped his stake 10 times more on SMCI. Investors like him, know exactly what is about to take place, he must know something the average retail trader is not privy of.

https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2021.696346/full

https://www.forbes.com/sites/joemckendrick/2024/02/07/as-ai-rapidly-becomes-a-commodity-time-to-consider-the-next-step/

Read the highlighted part. Mind boggling how big AI is going to be. Legit companies are going to prosper in this field. Strap those seat belts, after Nasdaq extension blue sky breakout.

https://www.linkedin.com/pulse/next-frontier-tech-why-compute-ai-becoming-new-commodity-derek-zavada-debfe#:~:text=Economic%20Scale%3A%20As%20more%20businesses,its%20status%20as%20a%20commodity.

Only one thing you need to know Ray Dalio. The rest is his-story.

https://www.crn.com/news/data-center/2024/supermicro-ceo-we-are-in-what-i-call-an-ai-revolution?page=1

You can tell the friendship bond between them two.

Meta this week said to be investing huge in AI data centers and they are also huge partners with Super Micro. There is only one direction with SMCI and that is way up North.

Thank you LJ.

https://stockanalysis.com/stocks/smci/employees/#

<< SMCI partners with NVDA to aid seamless deployment... https://www.facebook.com/Supermicro/videos/1265862261389581 >>

In that video, they are talking about the xAI Grok data center in Memphis, TN.

SMCI partners with NVDA to aid seamless deployment...

https://www.facebook.com/Supermicro/videos/1265862261389581


so we watch...LJ

Exactly my thought.

"would love to see a major buyback. This company is a diamond in the rough. Basically free money. Look at is PE/ mkt cap compared to others in the industry. Even if earnings are reduced to correct accounting issues, this is a flippin steal. They never would have embellished their last ER so based on that alone, these shares are sitting in front of the house with a “free - take me” sign on them."

Look at this beautiful chart and set up. SMCI has the same setup pattern as CVN*A. If for whatever reason your gold fish attention span is lacking to see what is happening, then sell and move on, no one can help you but yourself to reap the rewards. This kind of setup are extremely rare.

https://www.google.com/finance/quote/CVNA:NYSE?hl=en&window=1Y

I know, SMCI so undervalued by at least 5 times from here for starters. The beautiful thing about it is the liquidity, the enormous inflow of dollar trading volume, it won't be long till this reaches 5-10% of NV*DA current market cap. SMCI is capturing a lot of attention now, thanks to "Hindenburg", they are all waiting on the Nasdaq extension. Shorts just lost 1.6 billion dollars just this week, this weeks puts all got annihilated, calls on NV*DA got annihilated last week, next week it will be NV*DA's turn to go up and rightfully so after the earnings call and SMCI will run on the hips of NV*DA and any catalyst from SMCI we will dwarf 40 dollars fast and furiously. Remember, the trend is your friend, don't dabble on day trading this, just buy and hold for massive gains, the hardest task in this arena is patience with top tier stocks.

<< Just give me Nasdaq extension >>

I think that there is a very high probability that NASDAQ will give $SMCI an extension.

$SMCI hired a top 5 accounting firm in BDO, and also filed their compliance plan.

Thank you.

Daily fluctuations doesn't tickle me, my last lesson was to know what you hold and reap the rewards. Just five months ago, I scored a tad above 5 grand in one day trade and I bought around 65 dollars, look at the price now. SMCI will do the same. Just give me Nasdaq extension this runs 100% in 2-3 days no matter where the price is. I am not sweating bullets either and I know Nasdaq extension will be granted and the price will be 200 dollars between 6-9 months. SMCI is going to roar like a lion. Mark this post and come back to me when 200 is not reached within that time frame mentioned.

https://investorshub.advfn.com/Sezzle-Inc-SEZL-42428

CAVA I still have shares, I even recommended to my preacher at church at 60 dollars and that is going to four digits but way longer than SMCI. For me CAVA is 5 year hold.

https://investorshub.advfn.com/CAVA-Group-Inc-CAVA-42156

SMCI may start trying on $38 on Monday...

that is steady resistance going back to

being set up as support back in early

September on lows on trading days...

https://www.barchart.com/stocks/quotes/SMCI/interactive-chart

Buyers came in to buy on bad news at

$38 and above from early September

until October 30th 8-K filing...

The gap down from there showed a break

down in buying support that then becomes

a resistance price point...

Around $38.16 is the 50 day average

moving price now also...

SMCI starting to tap around $38 price on

Monday may keep trying a few days

or wherever it moves up to...

Depending on whether good news comes

at any time...

Nothing for sure, but the momo is in play

now and the chart shows the resistance point

area possible to challenge it...

Very nice to even be considering these

possibilities now...


Unplug internet modems for over 1 minute

and longer when hacker threat warnings

are issued...noticed the Etrade was also

not accessible for awhile earlier...

so we watch...LJ

SMCI handled the $33 resistance mark very

well on Friday and with Heavy volume...

$38 resistance area is next test, and

the calls bot heavy on Friday for next

week suggest that Monday will see

the volume stay strong on buying...

$38 resistance area getting topped should

move it to support while awaiting

more updates...

The charge above $40 toward $45 to $47

will need to come from a strong base

if/when good news comes out...

Above $47 only traded a day or so on

pumped up action that now looks like

they had info on auditor resigning, so

they could profit on shorts from there...


Numbers are estimates and only become

clearer when they become history on

charts to review...


so we watch...LJ

Good night you all. I have to update my computer and my phone, my sister got a warning from IT department from Harbor Freight to all the employees who have Apple computer or phone that they should update their system before midnight tonight, apparently to cyberattack from somewhere. Will be back tomorrow night.

I saw GM*E hitting 70 dollars one day and next 3 days it was back down to 17 dollars, then a month later one morning hit a target of 450 dollars pre market hours. Of-course different dynamics, different market, one million man traders got a hold of the float and they moved it as they pleased with Roaringkitty as the front man, I made a good score with GM*E on the recent run 80 grand in profits, but back in 2021 I lost 140 grand on it and it was trading millions and millions and millions of shares during the early stages, the same with AM*C, luckily I didn't lose on AM*C, for right now SMCI doesn't have neither of those DNA's, SMCI is not riding on coattails of those meme stocks, SMCI is a different breed of it's own and when this goes, it will fly. I didn't study GM*E and when I chased it cost me, but I made most of it back, I did however study AM*C for 4 days the pattern, essentially glued to the computer watching the action during the day from opening to close, then continued to watch it between 1 to 2 after hours, then again between 4-5, that is when I went for the kill, in two weeks right after I got in from 11.20 or maybe 11.40, can't remember it ran to 75 dollar one premarket. To be successful in this arena, besides common sense, it requires a lot of hard work, trading is not easy and it is not for everyone, if it was easy, everyone would do it. I am confident that SMCI will hit 200 dollars in 6-9 months, who knows maybe sooner. Over 90 million shares are short, approximately 80% between insiders and institutions from the OS, tradable float has to be around 80 million, believe me, it won't take forever to move this thing, watchers on stock twist are rising fast, 5000 more watchers since last week, the higher that goes, the tighter the float will get. Math is another one of my strong attributes, since I am a real estate appraiser and value homes, if SMCI numbers are not cooked, it should be worth around 200-300 billion dollars. What is puzzling for me is why if the books are cooked, they have not diluted since the dawn of times. I just want Charlie boy, to squeeze the crap out of Hindenburg and if that squeeze happens, it will be without warning.

35 is the next resistance, then it is 37, the big one is 43, after that blue sky breakout.

I am loving every moment of it, this is inevitably going to run 100...150....then 200. The float is eventually going to get locked down and that will happen when we breach 80. If you have an attention span of gold fish, sell and move on. This is trading like it should, all the gains we had all this week is still intact and once that extension is given it will make 100% move in 2-3 days, all depending on where the price is sitting before Nasdaq announcement.

Why did it drop again? if it was a scam, this would have been at single digits by now and it is not. Ray Dalio bought hand over fist and he paid higher than the current price. Without a doubt this will see 200 dollars with the time frame I expect.

Don't let the door hit you on the way out. If it goes to 49 this time around it will hit 100. If you consider yourself a good trader with good luck on your side, then be my guest, more power to you.

After a drop from $49! Don’t forget that.

Filling that gap, which is inevitable, is a signal to load up.

SMCI had two +10%+ gainer days in

a row to close the week...

+15%+ on Thursday...

+11%+ on Friday...

Buyers were flagged for piling on,

on Friday...

Hopefully there is safety in numbers...


so we watch...LJ

Well, just be that way, hopefully some can help

open the exit for you... :)

so we watch...LJ

What a great week for $SMCI....

It closed last Friday at $18.56.

It closed today at $33.16.

That is a 78% gain in one week!!!

🚀 🌕️

I'm thinking, if it fills back the gap to $49, I'm gonna take my money elsewhere.

S&P 500 seems like confidence vote on listing

being maintained...

so we watch...LJ

At 60 dollars, things will get interesting when the shorts will have no choice but to cover, for now their only hope is no Nasdaq extension.

Hindenburg is good, but in this case they will likely be wrong. Common sense tells me they are not geniuses, even then, every genius has made mistakes in the past, from the President of the United States to the ones advising him, every World business leaders have done their share of mistakes in the past, but quickly dealt with, in this case with Hindenburg it could cost them dearly and I don't they didn't hedge against their own bet, GM*E should have been a good a lesson to them that cost Citadel in the billions and all the other shorts in the mix. The only difference retail gets caught in the mix, there is nothing wrong with shorting, that is what makes the market, stocks can't keep going up, almost like checks and balances, but when you distort information maliciously to mislead investors for your own benefit, karma can be beech.

This stock is trading in the billions of dollars daily volume. People doing posts from Dario or showing a clip of Backdraft movie in the hopes of some IHUB retail doesn't buy into it, they don't make the market, IHUB retail is only after bloated scams in the trips for a quick double, they would not even consider touching this, it is out of league.

One thing always made very clear to me that the numbers are not cooked, but there is still that doubt that there might be, but for the life of me, why hasn't SMCI do an offering as long as I can remember? Cause they have the numbers to support it.

This is nothing, wait for 150-200 dollars, it's coming. First stop will be 60 dollars after Nasdaq extension, DOJ dismissal will take it to 100, the audit and if it's confirmed the books are not cooked, easy 150 all time high. Good luck Euro. VCN*X ask $4.00 and looks as if there are hidden bids.

SMCI will play out exactly like CVN*A. Market is already speaking loud clear. But this one after Nasdaq extension is will rise much quicker and rightfully so. I personally like CV*NA business model, but SMCI has much, much better fundamentals in blazing hot sector. People can cry, moan and call for dooms day about AI bubble, AI is going to be a way of life and nothing will stop it, every sector in some way, shape of form is going to be tied to AI and SMCI is severely undervalued if the numbers are not cooked. Remember folks, common sense goes a long way in this arena, sometimes you may not be right, but if only one makes sense for you and you buy and hold for dear life, you will see massive gains.

Flying today.
SMCI

agreed

The main hurdle is Nasdaq extension, but yeah this is somewhat a conviction to some degree that it may stay pending Nasdaq decision. Now you can confidently say, from gambling to a calculated risk, until it is official.

main hurdle out of way can go to at least 50's where it dropped from

Luck can play a role but you said 'didn't give up' and that is usually the difference in a winning and losing trade.

"Super Micro Computer , which was added to the S&P 500 earlier this year, will be staying in the index." - Barron's

That is another big positive for the company....

Here is the Barron's article from yesterday just after the close of the market: BTW, I added the highlighting.

Texas Pacific Land , which owns significant acreage in the energy-rich Permian Basin , will join the S&P 500 index, replacing Marathon Oil .

The changes will be effective before the start of trading on Nov. 26 . Texas Pacific Land stock is up 5% in after- hours trading to $1,595 after gaining 4% in regular trading. The stock has surged almost 200% in 2024.

Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22 .

Super Micro Computer , which was added to the S&P 500 earlier this year, will be staying in the index. There had been speculation that it might be dropped because a delay in filing a key financial report threatened to result in its being delisted from the Nasdaq.

Super Micro announced its hiring of BDO, a new accounting firm, on Monday as part of a plan to restore its compliance with listing requirements on the Nasdaq stock exchange following its failure to file its 10-K report.

Texas Pacific Land , founded in the 19th century, is one of the largest landowners in Texas with approximately 873,000 acres located in the Permian Basin . It is leaving the S&P MidCap 400 index where it's one of the largest stocks by market capitalization. Mueller Industries will take the place of Texas Pacific in the S&P mid-cap index and Atlas Energy Solutions will replace Mueller in the S&P SmallCap 600 index. Write to Andrew Bary at andrew.bary@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal .

Awesome, I don't play chicken when I trade stocks, I go for the kill with everything I got. I don't wait for other traders to make a move, I make the move myself. There was one day in 2021, 20 minutes before close, I bought 180,000 shares of one stock that came on my scanner with unusual volume, buying big blocks at a time, 10,000 blocks, from 1.07 all the way down to 72 cents, the more I bought the more they dipped it on me, but didn't give up, kept buying and buying and I don't know why I was buying either, there was no news either, it finally closed at 0.68 cents and I was down about 8000 dollars at close and I had more fire power to buy it too, a lot more, but I said let me wait it tomorrow and see what it does, kid you not, woke up the next morning to use the restroom at 1:30 AM my time in the West Coast, it was already up 150%, then buy 3:30 AM it was already up 400%, I bailed with 280% net gains, 3 months later it hit 8 dollars, so many big winners like that, I can hardly count. Luck has a lot to do with it to, but also, you have to have the eye for it. That specific trade, without news, told me, market makers knew that I was loading and probably had enough to buy more it they decided to dip it again, they teased me out of my position the next morning. Telling you like it is, SMCI is going to my price target of 200 without hesitation.

Sweet...In 1971 my Grandpa bought me 100 shares of PPG, 100 Texas Oil and Gas, 100 Kmart, 100 of some utility company I forgot and bonds in a banana company. Spent 500 on my birth and I remember reading the paper daily to see what the stocks did the day before after Dad read it before work. I use to be buy and hold as PPG split 2 for 1 three times before I sold my 800 shares and once after so I'd have 1600 had I held to this day but I sold when I was 21 so 1992? Kmart I sold many years before the went BK, The Texas Oil and Gas had something bad happen so I sold before it went buh bye, and the other 2 I sold between 18-21. So was out of the market til 2008 and bought a few things and traded in and out but lost all 5K I had in at that time in WaMu and Lehman...That was when I stopped being strict to buy and hold. I think I started posting here on IHUB around that time, so the rest is documented. The WaMu drama and getting to experience a run up to 348K to see my account up +40K and in a minute seeing it drop to -110K while listening to the BK court proceedings and seeing the price action happen before the lawyers said what made the stock go down and that leading to lawsuits that got us shares in restructured company WMIH? now called COOP.
So I'm not a typical 'trader' just someone who learns from their experiences and adapts to the environment. =)

Here is something to chuckle at. The World is very bizarre

Enjoy this song, you only need couple of these a year to make it big.

SMCI moving back above $38 will fill

last area of gap down caused after

auditor resigned...Around $47 was price

when 8-K notified of auditor resigning...

SMCI has a new auditor now...

https://stocktwits.com/Diefreeandsell/message/593513745

Above $40 or so can get market cap

back up to what may be low ball

estimate of one times annual revenue...

SMCI had huge buying on Thursday for

$30, $31, $32, and $35 calls expiring

on Friday...which may be more pre planning

for a Friday price move than gambling...


so we watch...LJ

SMCI deals with Seagate, a super storage beast

for data, in Ai growth...

https://www.facebook.com/Supermicro/videos/1871183493407920

so we watch...LJ