2Wk·

$SMCI (+6.29%) I bought more yesterday at around €19.

Buyin was originally at 39€, do you think it was smart to reduce the loss?

06.11
Super Micro Computer logo
Bought x7 at €19.56
€136.94
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8 Comments

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No, it wasn't. It's the famous falling knife. You can't see any consolidation in the chart and there is no news that gives any hope. Good luck to you anyway.
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Check the curve in the Max Chart. Rarely seen anything like it...
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I wouldn't have done that at $SMCI. Because it's not about economic considerations. It's a compliance situation. They are always unpredictable. And $SMCI has been delisted before. In other words, the management seems to be absolutely painless and doesn't care much about compliance. So it's better to "realize losses" and invest in something that rises faster. After all, $MSCI can bob around like this for months or continue to plummet. This will cost you time
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