marketpre
03-20

With this offering the price paid is expected to be below market so if an entity is willing to buy say 300,000 shares for $875 each then that's almost like a deep pocketed investor calling this a bottom.[Strong][Strong][Strong]

$SUPER MICRO COMPUTER INC(SMCI)$ Maybe the offering is a positive sign for the company for development and innovation in the future!

$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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Comments

  • Strategy 1
    03-21
    Strategy 1
    I agree! I bought shares during the dip.
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