SMCI: What's Going on Next?

$SUPER MICRO COMPUTER INC(SMCI)$ The offering pull the stock price down.....[Duh][Duh][Duh]

Here’s what I see: the zero interest convertible offering for shares were priced at around $935, that’s 1.5384 million shares worth… Approx..

The 2 million shares are at $875, so that’s 3.538 million shares diluted. Sherman Tuan sold 5,000 shares around $865 in Feb., so that’s a little more, and Russell 2000 funds sold shares above $1,000…

Sherman Tuan has been on the board of directors for 17 years and also voted for this 1.75 billion dollar capital raise the 2 million shares brings in.

So the % of dilution is past 6.5%folks and the company 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....[Smug][Smug][Smug]

$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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Sherman Tuan sold 5,000 shares around $865 in Feb., so that’s a little more, and Russell 2000 funds sold shares above $1,000…Sherman Tuan has been on the board of directors for 17 years and also voted for this 1.75 billion dollar capital raise the 2 million shares brings in.So the % of dilution is past 6.5%folks and the company 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 $800.00....[Smug][Smug][Smug]</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"SMCI\" class=\"teditor-mention\" data-mention-name=\"SUPER MICRO COMPUTER INC\" href=\"https://ttm.financial/S/SMCI\">$SUPER MICRO COMPUTER INC(SMCI)$</a> <v-v data-views=\"0\"></v-v>The offering pull the stock price down.....[Duh][Duh][Duh]Here’s what I see: the zero interest convertible offering for shares were priced at around $935, that’s 1.5384 million shares worth… Approx..The 2 million shares are at $875, so that’s 3.538 million shares diluted. Sherman Tuan sold 5,000 shares around $865 in Feb., so that’s a little more, and Russell 2000 funds sold shares above $1,000…Sherman Tuan has been on the board of directors for 17 years and also voted for this 1.75 billion dollar capital raise the 2 million shares brings in.So the % of dilution is past 6.5%folks and the company 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 $800.00....[Smug][Smug][Smug]</body></html>","text":"$SUPER MICRO COMPUTER INC(SMCI)$ The offering pull the stock price down.....[Duh][Duh][Duh] Here’s what I see: the zero interest convertible offering for shares were priced at around $935, that’s 1.5384 million shares worth… Approx.. The 2 million shares are at $875, so that’s 3.538 million shares diluted. Sherman Tuan sold 5,000 shares around $865 in Feb., so that’s a little more, and Russell 2000 funds sold shares above $1,000… Sherman Tuan has been on the board of directors for 17 years and also voted for this 1.75 billion dollar capital raise the 2 million shares brings in. So the % of dilution is past 6.5%folks and the company 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. 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