4D·

What next for Super Micro

You may or may not want to know what I think, but I will tell you anyway.

I see this price consolidating around 48€ now until the long awaited accounts are finally released. Once the financials are finally released, all bets are off. We could see a big jump, a big drop, or even a continuation of the consolidation. It all depends on what's in those numbers and how the market interprets them. The uncertainty will be gone, which often leads to increased volatility.

Obviously ANYTHING could happen up to then. Any release of rumours to do with these accounts, positive or negative, are sure to impact the price.

Exciting times.

13 Comentarios

Investomesto@Investomesto

I experienced the whole rally since September and this will be the final show. I stay with all my heart. 🤘🏼 From 2.000 in dept to 2.000 in profit now. Lets gooo

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Jens@flush_hatch

@Investomesto While price action will obviously impact my investment, I will surely be more interested in what their Financial Statement has to say for Longterm.

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Investomesto@Investomesto

@flush_hatch Yes, super interesting

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Jens@flush_hatch

If the news is bad though, we could easily see an eye-watering drop around 50%.

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Yoshika@Yoshika

SMCI flirting with the 200-day SMA for the first time since August. Interesting...Either finding support or falling through the trapdoor.

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Jens@flush_hatch

And any close above $50 today will break it's ongoing downward trend.

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Yoshika@Yoshika

@flush_hatch and if they get back on track to submit their report on time by Feb 25, we can expect some relief buying from institutional investors..

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Jens@flush_hatch

It all sounds too good to be true @Yoshika 😀

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Yoshika@Yoshika

@flush_hatch Sounds like a short squeeze setup 😉

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Jens@flush_hatch

Fakeout alert.

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Jens@flush_hatch

Significant Misreporting Creates Investor_distrust

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Yoshika@Yoshika

@flush_hatch We'll see, bro

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savvy_investor_1415@savvy_investor_1415

Could, would, should - maybe, maybe not. Either, or! Fact is, that this is a company organized under US laws and supervised by the SEC - and STILL after all the time passed has not published their certified annual report for the year ended June 2024 (if I‘m not mistaken). Every Chinese backyard company is more reliable with their information. How can this even be in the US and how come SMCI is still listed on the Nasdaq. Why have rules if they can be bent like this? So anybody’s guess on the future of SMCI is as good as mine, as long as there are no verified reports available. That is the fact here - it’s basically a scandal and the management of SMCI should be ashamed about not having any relevant corporate governance in place, apparently.

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