$SUPER MICRO COMPUTER INC(SMCI)$ It would have been better to sell at the first red flag, but I chose to hold on and wait for the next financial results. In hindsight, it's clear that the current management lacks the skill to handle the situation right now, and customer confidence is deteriorating. Now, I'm forced to cut my losses even more.
Is SMCI a Comeback or a Dead Cat Bounce?
SMCI rebounds near 60% this week.
-----------
Is it a comeback or a dead cat bounce?
What's your target price for SMCI?
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
Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
How to open a CBA.
How to link your CDP account.
Other FAQs on CBA.
Cash Boost Account Website.
You see the enormous buy volume after it crashes yesterday. Think about it
Great article, would you like to share it?