Valerie Archibald
12-15

$SUPER MICRO COMPUTER INC(SMCI)$ Now what it’s important is the timing. I think the downtrend will continue and will peak around Christmas to New Year’s Eve. Share price could be around 20$. After that it will slowly go up and spike up on good news. Finally, if they filed on time, it will recover and be around at more than 60$ easy.

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Comments

  • RUW
    12-15
    RUW
    That is pure speculation. I personally would focus on fundamentals. And SMCI doesn’t have good fundamentals as of now. Failure to release quarterly reports on time is a symptom of something rotten underneath. That is not fake news or intentional price manipulation. The truth is that they are struggling as a company and the management is completely derailed. And why should we trust and invest in a company like that? There are way better companies out there to put your money in.
  • G_SG
    12-16
    G_SG
    Well said but it’s still speculate to go down to well below 20 before a bounce
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