Look for sub $600, and good lu

Look for sub $600, and good luck! Keep your stick on the ice.[LOL][LOL][LOL]

The $2M stock offering truly drags $SUPER MICRO COMPUTER INC(SMCI)$ down to $850.... And it may be lower...

The good news is they have cash, but they are “spending” this cash with profit margins on anything sold in the future still at 7.92%. I don’t think how any of you who post here daily; think, Super Micro is a good value?

At a 1:1 market cap to gross sales, it’s a good value, and that’s back down at $300 per share.

I personally think $530-590 will be the extent of any pullback coming…”if” next quarter is blowout again, and profit margin rises.

$2M Stock Offering Drags SMCI Down to $850?

Super Micro stock fell 9% to close at 910.97 after the data center specialist announced a new stock offering. The company said it plans to sell 2 million additional shares of common stock, pushing its total shares outstanding to more than 58.5 million. ------------ How do you view the stock offering? Will SMCI dip more this week? What's your target price for SMCI?

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