$SUPER MICRO COMPUTER INC(SMCI)$
With 2 M additional shares, the stock price would be 3% lower......
why it is down? It is diluting the share values
My guess is that they feel demand is so high that they need more money so that they can expand even more rapidly.
I thinks SMCI is overvalued between $865-935. These are the facts, swallow it any way you like, but the pressure from this is downward and certainly not $1,350 any time soon, perhaps next year, and each quarter earnings will shed light. Good luck, you should not buy this stock above $800.00.
r/SMCI_Stock - Classic 😂 happy I wasn’t in this time.
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