$SUPER MICRO COMPUTER INC(SMCI)$ There’s no reason whatsoever to take any risk on SMCI at this point. Some analysts wanted to give SMCI a valuation method of NVDA when it should be that of DELL. Even if there’s no major hanky panky in their accounting, $390 ~ $420 is a fair value at this junction, and it could be stretched to $520 if there were to be short squeeze.I feel bad for the existing long who bought at much higher price. But they should have sold it after the last earnings report.SMCI is only intraday tradable stock at this point… not even worth holding overnight short or long.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments