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Super Micro Computer Inc

Super Micro Computer Inc (SMCI)

887.41
42.87
(5.08%)
Closed June 17 4:00PM
889.00
1.59
(0.18%)
After Hours: 7:59PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

SMCI News

Official News Only

SMCI Discussion

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Pedro2004 Pedro2004 8 hours ago
Someone has a block of shares to sell.
They sold on Friday.
They didn't sell this morning...which brought the price back up.
Now they're selling again.
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scotsand scotsand 4 days ago
Undervalued!
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PAUL_MARKOWITZ PAUL_MARKOWITZ 4 days ago
Why did this shoot up right now??
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Alwaysbmikki Alwaysbmikki 2 weeks ago
Lock step with NVDA and is a great thing getting the new chips first.
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abrooklyn abrooklyn 2 weeks ago
Supermicro Introduces Rack Scale Plug-and-Play Liquid-Cooled AI SuperClusters for NVIDIA Blackwell and NVIDIA HGX H100/H200 - Radical Innovations in the AI Era to Make Liquid-Cooling Free with a Bonus

Source: PR Newswire (US)
Generative AI SuperClusters, Integrated with NVIDIA AI Enterprise and NIM Microservices, Offer Instant ROI Gains and More AI Work per Dollar Through a Massively Scalable Compute Unit, Simplifying AI for Rapid Deployment

SAN JOSE, Calif. and TAIPEI, Taiwan, June 4, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is introducing a ready-to-deploy liquid-cooled AI data center, designed for cloud-native solutions that accelerate generative AI adoption for enterprises across industries with its SuperClusters, optimized for the NVIDIA AI Enterprise software platform for the development and deployment of generative AI. With Supermicro's 4U liquid-cooled, NVIDIA recently introduced Blackwell GPUs can fully unleash 20 PetaFLOPS on a single GPU of AI performance and demonstrate 4X better AI training and 30X better inference performance than the previous GPUs with additional cost savings. Aligned with its first-to-market strategy, Supermicro recently announced a complete line of NVIDIA Blackwell architecture-based products for the new NVIDIA HGX™ B100, B200, and GB200 Grace Blackwell Superchip.

Plug-and-Play Liquid-Cooled AI SuperCluster

"Supermicro continues to lead the industry in creating and deploying AI solutions with rack-scale liquid-cooling," said Charles Liang, president and CEO of Supermicro. "Data centers with liquid-cooling can be virtually free and provide a bonus value for customers, with the ongoing reduction in electricity usage. Our solutions are optimized with NVIDIA AI Enterprise software for customers across industries, and we deliver global manufacturing capacity with world-class efficiency. The result is that we can reduce the time to delivery of our liquid-cooled or air-cooled turnkey clusters with NVIDIA HGX H100 and H200, as well as the upcoming B100, B200, and GB200 solutions. From cold plates to CDUs to cooling towers, our rack-scale total liquid cooling solutions can reduce ongoing data center power usage by up to 40%."

Visit www.supermicro.com/ai for more information.

At COMPUTEX 2024, Supermicro is revealing its upcoming systems optimized for the NVIDIA Blackwell GPU, including a 10U air-cooled and a 4U liquid-cooled NVIDIA HGX B200-based system. In addition, Supermicro will be offering an 8U air-cooled NVIDIA HGX B100 system and Supermicro's NVIDIA GB200 NVL72 rack containing 72 interconnected GPUs with NVIDIA NVLink Switches, as well as the new NVIDIA MGX™ systems supporting NVIDIA H200 NVL PCIe GPUs and the newly announced NVIDIA GB200 NVL2 architecture.

"Generative AI is driving a reset of the entire computing stack — new data centers will be GPU-accelerated and optimized for AI," said Jensen Huang, founder and CEO of NVIDIA. "Supermicro has designed cutting-edge NVIDIA accelerated computing and networking solutions, enabling the trillion-dollar global data centers to be optimized for the era of AI."

The rapid development of large language models and the continuous new introductions of open-source models such as Meta's Llama-3 and Mistral's Mixtral 8x22B make today's state-of-the-art AI models more accessible for enterprises. The need to simplify the AI infrastructure and provide accessibility in the most cost-efficient way is paramount to supporting the current breakneck speed of the AI revolution. The Supermicro cloud-native AI SuperCluster bridges the gap between cloud convenience of instant access and portability, leveraging the NVIDIA AI Enterprise, allowing moving AI projects from pilot to production seamlessly at any scale. This provides the flexibility to run anywhere with securely managed data, including self-hosted systems or on-premises large data centers.

With enterprises across industries rapidly experimenting with generative AI use cases, Supermicro collaborates closely with NVIDIA to ensure a seamless and flexible transition from experimentation and piloting AI applications to production deployment and large-scale data center AI. This result is achieved through rack and cluster-level optimization with the NVIDIA AI Enterprise software platform, enabling a smooth journey from initial exploration to scalable AI implementation.

Managed services compromise infrastructure choices, data sharing, and generative AI strategy control. NVIDIA NIM microservices, part of NVIDIA AI Enterprise, offer managed generative AI and open-source deployment benefits without drawbacks. Its versatile inference runtime with microservices accelerates generative AI deployment across a wide range of models, from open-source to NVIDIA's foundation models. In addition, NVIDIA NeMo™ enables custom model development with data curation, advanced customization, and retrieval-augmented generation (RAG) for enterprise-ready solutions. Combined with Supermicro's NVIDIA AI Enterprise ready SuperClusters, NVIDIA NIM provides the fastest path to scalable, accelerated Generative AI production deployments.

Supermicro's current generative AI SuperCluster offerings include:

Liquid-cooled Supermicro NVIDIA HGX H100/H200 SuperCluster with 256 H100/H200 GPUs as a scalable unit of compute in 5 racks (including 1 dedicated networking rack)
Air-cooled Supermicro NVIDIA HGX H100/H200 SuperCluster with 256 HGX H100/H200 GPUs as a scalable unit of compute in 9 racks (including 1 dedicated networking rack)
Supermicro NVIDIA MGX GH200 SuperCluster with 256 GH200 Grace™ Hopper Superchips as a scalable unit of compute in 9 racks (including 1 dedicated networking rack)
Supermicro SuperClusters are NVIDIA AI Enterprise ready with NVIDIA NIM microservices and NVIDIA NeMo platform for end-to-end generative AI customization and optimized for NVIDIA Quantum-2 InfiniBand as well as the new NVIDIA Spectrum-X Ethernet platform with 400Gb/s of networking speed per GPU for scaling out to a large cluster with tens of thousands of GPUs.

Supermicro's upcoming SuperCluster offerings include:

Supermicro NVIDIA HGX B200 SuperCluster, liquid-cooled
Supermicro NVIDIA HGX B100/B200 SuperCluster, air-cooled
Supermicro NVIDIA GB200 NVL72 or NVL36 SuperCluster, liquid-cooled
Supermicro's SuperCluster solutions are optimized for LLM training, deep learning, and high volume and batch size inference. Supermicro's L11 and L12 validation testing and on-site deployment service provide customers with a seamless experience. Customers receive plug-and-play scalable units for easy deployment in a data center and faster time to results.

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first-to-market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enable our development and production, enabling next-generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

SMCI-F

(PRNewsfoto/Super Micro Computer, Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/supermicro-introduces-rack-scale-plug-and-play-liquid-cooled-ai-superclusters-for-nvidia-blackwell-and-nvidia-hgx-h100h200--radical-innovations-in-the-ai-era-to-make-liquid-cooling-free-with-a-bonus-302163611.html

SOURCE Super Micro Computer, Inc.


Copyright 2024 PR Newswire
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littlejohn littlejohn 3 weeks ago
DD review for when price is right...

https://www.barchart.com/story/news/26507094/why-super-micro-computer-stock-is-a-buy-after-nvidias-earnings-report#google_vignette

https://finance.yahoo.com/news/supermicro-computer-microstrategy-set-join-091045557.html

So we watch...LJ
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PAUL_MARKOWITZ PAUL_MARKOWITZ 1 month ago
Buying the dips at $680 has turned out to be GOLDEN>>>>
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littlejohn littlejohn 1 month ago
An earnings season summary from a patreon member...

https://www.patreon.com/posts/q1-cy-2024-103367673

So we watch...LJ
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littlejohn littlejohn 2 months ago
SMCI needs to close gap around $859 from 04/30

if it is going to trade above

$1,000 on 3rd like it has done

on two previous months...

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

Odd how it is down after being

higher for a good spell...

So we watch...LJ
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littlejohn littlejohn 2 months ago
SMCI 23ish forward P/E is cheap in

this market...

https://finance.yahoo.com/quote/SMCI/key-statistics

If anyone looks...

so we watch...LJ
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littlejohn littlejohn 2 months ago
SMCI forecasts over 30% quarterly revenue growth

over the quarter just reported...

https://finance.yahoo.com/news/super-micro-computer-inc-nasdaq-144129328.html

MMs painted down price to get

better deals after filling gaps...

MMs are slick...

Over 5 billion revenue in current

quarter would be even slicker...


So we watch...LJ
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abrooklyn abrooklyn 2 months ago
Supermicro Announces Third Quarter Fiscal Year 2024 Financial Results

Source: Business Wire
Super Micro Computer, Inc. (Nasdaq: SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced financial results for its third quarter of fiscal year 2024 ended March 31, 2024.

Third Quarter Fiscal Year 2024 Highlights

Net sales of $3.85 billion versus $3.66 billion in the second quarter of fiscal year 2024 and $1.28 billion in the same quarter of last year.
Gross margin of 15.5% versus 15.4% in the second quarter of fiscal year 2024 and 17.6% in the same quarter of last year.
Net income of $402 million versus $296 million in the second quarter of fiscal year 2024 and $86 million in the same quarter of last year.
Diluted net income per common share of $6.56 versus $5.10 in the second quarter of fiscal year 2024 and $1.53 in the same quarter of last year.
Non-GAAP diluted net income per common share of $6.65 versus $5.59 in the second quarter of fiscal year 2024 and $1.63 in the same quarter of last year.
Cash flow used in operations for the third quarter of fiscal year 2024 of $1,520 million and capital expenditures of $93 million.
Non-GAAP gross margin for the third quarter of fiscal year 2024 was 15.6% with adjustments for stock-based compensation expenses of $3 million. Non-GAAP diluted net income per common share for the third quarter of fiscal year 2024 was $6.65, with adjustments for stock-based compensation expenses of $9 million, net of the related tax effect of $47 million.

As of March 31, 2024, total cash and cash equivalents was $2,115 million and total bank debt and convertible notes were $1,863 million.

“We had yet another record quarter with fiscal Q3 revenue of $3.85 billion with non-GAAP EPS of $6.65 per share. This year-over-year revenue growth of 200% and year-over-year non-GAAP EPS growth of 308% was well above our industry peers,” said Charles Liang, President and CEO of Supermicro. “Strong demand for AI rack scale PnP solutions, along with our team’s ability to develop innovative DLC designs, enabled us to expand our market leadership in AI infrastructure. As new solutions ramp, including fully production ready DLC, we expect to continue gaining market share. As such, we are raising our fiscal year 2024 revenue outlook from $14.3 to $14.7 billion to a new range of $14.7 to $15.1 billion.”

Business Outlook and Management Commentary

For the fourth quarter of fiscal year 2024 ending June 30, 2024, the Company expects net sales of $5.1 billion to $5.5 billion, GAAP net income per diluted share of $7.20 to $8.05 and non-GAAP net income per diluted share of $7.62 to $8.42. The Company’s projections for GAAP and non-GAAP net income per diluted share assume a tax rate of approximately -2.9% and 2.6%, respectively, and a fully diluted share count of 64.8 million shares for GAAP and fully diluted share count of 65.3 million shares for non-GAAP. The outlook for fourth quarter of fiscal year 2024 GAAP net income per diluted share includes approximately $30 million in expected stock-based compensation, net of related tax effects of $28 million that are excluded from non-GAAP net income per diluted share.

For fiscal year 2024 ending June 30, 2024, the Company is raising its guidance for revenues from a range of $14.3 billion to $14.7 billion to a range of $14.7 billion to $15.1 billion and establishing guidance for GAAP net income per diluted share of $21.61 to $22.46 and non-GAAP net income per diluted share of $23.29 to $24.09. The Company’s projections for GAAP and non-GAAP net income per diluted share assume a tax rate of approximately 3.6% and 9.2%, respectively, and a fully diluted share count of 61.2 million shares for GAAP and fully diluted share count of 61.8 million shares for non-GAAP. The outlook for fiscal year 2024 GAAP net income per diluted share includes approximately $116 million in expected stock-based compensation, net of related tax effects of $98 million that are excluded from non-GAAP net income per diluted share.

Conference Call and Webcast Information

Supermicro will present a live audio webcast of a conference call to review its third quarter of fiscal year 2024 on Tuesday, April 30, 2024, at 5:00 p.m. ET / 2:00 p.m. PT.

The webcast will be available at https://ir.supermicro.com.

A replay of the webcast will be available shortly after the call at the same website and will remain accessible for one year.

Cautionary Statement Regarding Forward Looking Statements

Statements contained in this press release that are not historical fact may be forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward looking statements may relate to, among other things, the fourth quarter of fiscal year 2024 and updated full year fiscal 2024 guidance, the ability of the team to develop innovative DLC designs, the ability to expand market leadership in AI infrastructure, the ability of new systems to ramp, and the ability to continue to gain market share. Such forward looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties that could cause our actual results to differ materially from those anticipated, including: (i) our quarterly operating results may fluctuate, which could cause rapid declines in our stock price, (ii) as we increasingly target larger customers and larger sales opportunities, our customer base may become more concentrated, our cost of sales may increase, our margins may be lower and our sales may be less predictable, (iii) if we fail to meet publicly announced financial guidance or other expectations about our business, our stock could decline in value, (iv) the average sales prices for our server solutions could decline if customers do not continue to purchase our latest generation products or additional components, and (v) adverse economic conditions may harm our business. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward looking statements are contained in our filings with the Securities and Exchange Commission, including those factors discussed under the caption "Risk Factors" in such filings, particularly in our Annual Report on Form 10-K for our fiscal year ended June 30, 2023, and Quarterly Reports on Form 10-Q filed thereafter.

Use of Non-GAAP Financial Measures

Non-GAAP gross margin discussed in this press release adds back stock-based compensation expenses. Non-GAAP diluted net income per common share discussed in this press release adds back stock-based compensation expenses and litigation recovery adjusted for the related tax effects. Management presents non-GAAP financial measures because it considers them to be important supplemental measures of performance. Management uses the non-GAAP financial measures for planning purposes, including analysis of the Company's performance against prior periods, the preparation of operating budgets and to determine appropriate levels of operating and capital investments. Management also believes that the non-GAAP financial measures provide additional insight for analysts and investors in evaluating the Company's financial and operational performance. However, these non-GAAP financial measures have limitations as an analytical tool and are not intended to be an alternative to financial measures prepared in accordance with GAAP. A reconciliation of GAAP gross margin to non-GAAP gross margin and from GAAP diluted net income per common share to non-GAAP diluted net income per common share is included in the tables below.

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
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Chartmaster Chartmaster 2 months ago
I think this pops 100-125 bucks after the earnings tonight...i never look at P/E
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littlejohn littlejohn 2 months ago
I apologize, the lowball price prints didn't show

after Friday close, or on Saturday

or Sunday for Smci or Nvda...

https://www.investing.com/equities/super-micro-compu-historical-data

https://www.investing.com/equities/nvidia-corp-historical-data

The price drop was to bring them

lower to get them closer to the high

side of p/e ratios on companies over

long term in markets...

No idea how to explain the lowball print

prices showing for Friday on either now...

Amd did show the gap fill, But if you can't

see that High P/E, you don't need to

look at any charts...

My bad, everything appears lovely now...

So we watch...LJ
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Chartmaster Chartmaster 2 months ago
There is no gap there on my bar charts, there is a down gap that will fill soon 890-917
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littlejohn littlejohn 2 months ago
Around $787 gap open from Friday didn't

fill on Monday...

If it doesn't fill on Tuesday, then

will be eyeing puts before close...

MMs marked the spot for retreat

for some reason during rebound after

dip expecting weak ER...

ha, if any become cheap enough

to even buy...

when put prices don't go down when

call prices are going up, it has to be

a sign that some want to profit off

selling high priced puts...

strictly looking at technicals and nothing

to do with company prospects...

Nvda not moving much on Monday

when this one did adds reason to

watch chart gaps...

A penny saved is a penny made...

so we watch...LJ
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Chartmaster Chartmaster 2 months ago
This is gonna rip after hours Tuesday after earnings blowout!!
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Monksdream Monksdream 2 months ago
SMCI 10Q due 4/30
Next day settlement begins 5/28
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Chartmaster Chartmaster 2 months ago
Bought the May 10th 1000 call, earnings out Tuesday!
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Bunti Bunti 2 months ago
https://finance.yahoo.com/news/super-micro-computer-stock-crashes-150020316.html
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FooBarAndGrill FooBarAndGrill 2 months ago
Damn. $12B haircut.
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WhirlwindRogue69 WhirlwindRogue69 2 months ago
"Companies listed on the S&P 500 or other stock exchanges are required to comply with SEC regulations when disclosing financial information, such as earnings releases. Although the SEC doesn't explicitly forbid companies from prereleasing earnings two weeks before the official date, strict guidelines must be adhered to. Prereleasing earnings has become less common due to market reactions in the past. Clearly the market overreacted today. There is confidence that SMCI will meet their guidance, given the strong demand for their solutions. They are expected to deliver an outstanding quarter with stellar guidance."
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Agoura Guy Agoura Guy 2 months ago
SMCI $711.55 -216.93 (-23.36%).... SINKING MICRO!!!!!!!!!!


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Agoura Guy Agoura Guy 2 months ago
SMCI $721.01 -207.47 (-22.35%) .... PUMP CHASERS ARE STUNNED!!!!!!!!!


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Agoura Guy Agoura Guy 2 months ago
SMCI $757.41 -171.06 (-18.42%) .... SO MUCH FOR THE ***HYPE***!!!!!!!

GREEDY BAGHOLDERS ARE BEING PUNISHED!!!!!!

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salasidis salasidis 2 months ago
Went down because they did not preannounce a positive earnings surprise.

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Agoura Guy Agoura Guy 2 months ago
SMCI $777.41 -151.07 (-16.27%)..... WHAT DID BUBBLE HEADS EXPECT?????

I WARNED YOU THIS WOULD HAPPEN!!!!!!!!!!!!

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Slojab Slojab 2 months ago
Bullish article on SMCI, although the author is somewhat biased. Hell of a chart, people. Best of luck.

https://www.msn.com/en-us/money/savingandinvesting/super-micro-computer-stock-nasdaq-smci-massive-growth-makes-it-undervalued/ar-BB1ln3Ej?ocid=hpmsn&cvid=c0c70db0e16a4a4c96b01546a69dc561&ei=45
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ConwayTwitty ConwayTwitty 2 months ago
Missed the boat on this one 🙁
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fung_derf fung_derf 3 months ago
Never wrong?
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HARVARD LAW HARVARD LAW 3 months ago
Nice day on $SMCI. Continuation tomorrow
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fung_derf fung_derf 3 months ago
I thought you were a day trader?
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HARVARD LAW HARVARD LAW 3 months ago
Crazy moves on $SMCI today. Who has been with me from the $860 level?
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fung_derf fung_derf 3 months ago
I bought it at $39. Day trading is for fools.
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HARVARD LAW HARVARD LAW 3 months ago
All you need to know is that a stock is bullish and a pullback is an opportunity to secure your entry.

All my levels on $SMCI are accurate. Less noises, more actions. I hope you’re enjoying the ride. $1000 is coming.
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TheFinalCD TheFinalCD 3 months ago
they brought it down right under offering pricing 875 now 904
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Biggeoff Biggeoff 3 months ago
The offering looking like a trap. Possible split will make shorts uneasy as well.
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TheFinalCD TheFinalCD 3 months ago
Supermicro Announces Pricing of Public Offering of Common Stock
https://www.businesswire.com/news/home/20240319735611/en/

JUST WHAT THE SHORTS WERE HOPING FOR, WILL IT DO A $MSTR AND GO UP ON OFFERING NEWS OR?
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fung_derf fung_derf 3 months ago
Are you taking credit for it? You have like 20 followers on IHUB.....but more importantly, why aren't you giving away your ideas for free? You're making money anyway, and others buying would help you as well....plus, you'd be offering a service to others.
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HARVARD LAW HARVARD LAW 3 months ago
If you’re in my premium room looking to day trade off my opinion and instructions, I am correct 99.9%.
The opinion is there to see too. Why was $SMCI tanking after my exit post?
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fung_derf fung_derf 3 months ago
BTW, your siggy is interesting.....

Are you stating that your free opinions don't count? Or are unreliable? In fact, if you are correct every time, you wouldn't need a disclaimer....or mention any risk.

The information is not intended as investment advice, as an on offer or solicitation of an offer to sell or buy. Subscribers and users of the free service assume the entire cost and risk of any trading they choose to undertake.
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fung_derf fung_derf 3 months ago
LOL!! It works every time?!!!
Do you have any idea how many day traders I've known who long ago went broke? I don't believe anyone who says it works every time.....especially when that guy recommended loading up today at the open....then later claims he was selling then.
There is no legit day trading chart with support and resistance. I know because unlike you, I've been trading on technical analysis for over 30 years and almost everyone on IHUB hasn't a clue how to chart a stock.
Were you just lying to us?
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HARVARD LAW HARVARD LAW 3 months ago
$NVDA: $850s to $900s. Intraday setups
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HARVARD LAW HARVARD LAW 3 months ago
Check my profile. I am a day trader. I don’t sit around on trades. I buy intraday or premarket oversold levels and sell at the resistance. Tomorrow is another day.
Did the same on $NVDA and others. It works every time. I already gave the true buy entry if you’re trying to invest in $SMCI. $880 to $920 is today’s oversold to overbought levels. It happened twice.
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fung_derf fung_derf 3 months ago
Of course you sold near the high today....EVERYONE on IHUB does.
So, you predict today was a good day to load....then sold?
With your learning strategy in hand, tell us how far this will pullback again?
I don't like regrets.
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HARVARD LAW HARVARD LAW 3 months ago
As a trader, you must understand and possibly know if the stock you are buying or already bought is selling off or getting a healthy pullback. $SMCI story has not changed. It was profit taking yesterday and this morning.

$880 retested and loaded. $915-$917 resistance is very close. I sold $913.

Learn my trading strategy with my virtual training. You won’t regret it.
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fung_derf fung_derf 3 months ago
Your post did not age well.....by any chance did you sell on the opening and forget to tell us?
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HARVARD LAW HARVARD LAW 3 months ago
$885 out of the gate to $920 on $SMCI
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HARVARD LAW HARVARD LAW 3 months ago
The reason I am a day trader. I will day trade the heck out of it again today.
$960 to $1000 yesterday. The scenario was $960 open to continue the uptrend but opening below $960-$900 is bearish to $730 level now. It won’t go straight down but with occasional oversold bounces till it gets there. $SMCI
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FooBarAndGrill FooBarAndGrill 3 months ago
Don't miss the pop tomorrow.Ha! I hear it now ... It sounds kinda like 2,000,000 shares just popped into existence.
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