$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?

avatarBarcode
07-11
$SUPER MICRO COMPUTER INC(SMCI)$  MACD curled down below trendline falling. Caution with the knife! Butterfly šŸ¦‹šŸ¦‹šŸ¦‹šŸ¦‹
avatarGigibum
03-23

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avatarProntos
03-21

can only look for support around $814; $850 just won't hold

$SUPER MICRO COMPUTER INC(SMCI)$ What's my take on the stock offering? It seems like a clear distribution of shares at a high level. Once we break through the green box, we can only look for support around $814; $850 just won't hold.
can only look for support around $814; $850 just won't hold
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!
If market actually sells off later, then chances are we could even see the low 800s again, possibly even the 816-823 range due to residual selling from yesterday coupled with renewed selling.[Cool][Cool][Cool]But we'll see, because I'm sure the vampire squid (GS) has already considered all possible scenarios and how to handsomely profit from them.[Smart][Smart][Smart] $SUPER MICRO COMPUTER INC(SMCI)$ The stock price may bounce back! It will not be down any more.[Wow][Wow][Wow]
So the offering, which only increases the outstanding shares by a measly 2%, is at $875.  The stock already fell that low today and will probably go there in the pre-market tomorrow morning as well.  [Smart][Smart][Smart]Just get it done and in no time it will be behind us and we can continue the uptrend which will be driven by soaring revenues in upcoming earnings reports.   $SUPER MICRO COMPUTER INC(SMCI)$ The money is needed and its a good thing, obviously shorts spin it as a disaster, is a measly 2% increase to the float a disaster?Therefore, the 2 million offering is good for the company, driving the price up![Cool][Cool][Cool]
avatarXianLi
03-20

SMCI: What's Going on Next?

$SUPER MICRO COMPUTER INC(SMCI)$ The offering pull the stock price down.....[Duh][Duh][Duh]Hereā€™s what I see: the zero interest convertible offering for shares were priced at around $935, thatā€™s 1.5384 million shares worthā€¦ Approx..The 2 million shares are at $875, so thatā€™s 3.538 million shares diluted. Sherman Tuan sold 5,000 shares around $865 in Feb., so thatā€™s a little more, and Russell 2000 funds sold shares above $1,000ā€¦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, b
SMCI: What's Going on Next?
avatarsadsam
03-20
Look for sub $600, and good luck! Keep your stick on the ice.[LOL][LOL][LOL]The $2M stock offering truly drags $SUPER MICRO COMPUTER INC(SMCI)$ down to $850.... And  it may be lower...The good news is they have cash, but they are ā€œspendingā€ this cash with profit margins on anything sold in the future still at 7.92%. I donā€™t think how any of you who post here daily; think, Super Micro is a good value?At a 1:1 market cap to gross sales, itā€™s a good value, and thatā€™s back down at $300 per share.I personally think $530-590 will be the extent of any pullback comingā€¦ā€ifā€ next quarter is blowout again, and profit margin rises.
$SUPER MICRO COMPUTER INC(SMCI)$ With 2 M additional shares, the stock price would be 3% lower......why it is down? It is diluting the share valuesMy guess is that they feel demand is so high that they need more money so that they can expand even more rapidly.I 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.r/SMCI_Stock - Classic šŸ˜‚ happy I wasnā€™t in this time.

AI stocks are in divergence (by options IV)

After the interference caused by the $SUPER MICRO COMPUTER INC(SMCI)$ capital increase on March 19th, the overall sentiment of chip stocks has declined. As the leading company with GTC support, $NVIDIA Corp(NVDA)$ has not only avoided falling but rebounded, although the IV has also dropped significantly; even $Advanced Micro Devices(AMD)$ has turned negative skewness. Currently, only meme stocks like $SoundHound AI Inc(SOUN)$ are maintaining positive sentiment, while others are experiencing a downturn. However, when the market is left with only speculative sentiment, it often tends to reach its peak in the short term. Fig
AI stocks are in divergence (by options IV)
$SUPER MICRO COMPUTER INC(SMCI)$ bullish  It is good time to buy in , stay patience 
avatarMs Mac
03-20
$SUPER MICRO COMPUTER INC(SMCI)$   Stay positive! šŸ¤— It's on the move upward..! Hang in there.
avatarG3113
03-20
$SUPER MICRO COMPUTER INC(SMCI)$ No one likes public offering [Spurting]  
avatarDrex
03-20

NVDA or SMCI? IV is the key answer!

The Nvidia GTC 2024 kicked off, and Lao Huang unexpectedly brought out the real deal, three important 'nuclear bombs': Blackwell have improved 25 times compared to the previous generation, making it the world's most powerful chip. The reasoning performance of the GB200 NVL72 compared to the H100 has been increased by up to 30 times. Launching the AI project Project GR00T to assist humanoid robots. However, Nvidia's stock price opened high and closed low, with a mere 0.7% increase at the close, making it the second worst performance on the day of the GTC conference in the past 8 years. I think mainly it's due to 'Sell the News', where market expectations are largely met and there has been some profit-taking before the event.The current status of several AI stocks also shows differences. Nvi
NVDA or SMCI? IV is the key answer!
$SUPER MICRO COMPUTER INC(SMCI)$ Just hang in there.I think so .  Whales have a $800 strike price put for March 22.  Would guess there will be some pops premarket and early session all this week as the shorts smell blood.  I'm not in a good position today, but have been here several times before w/SMCI. Plan on hanging on until it goes up again, which it will.
$SUPER MICRO COMPUTER INC(SMCI)$ Only 4 more weeks of this annual pre-Tax Day tech crash.  SMCI down another 37 pts after the bell, tends to prove this out.  All AI stocks have peaked and are stair stepping down, no matter what pumpers Jim Cramer or Bloomberg say, they can't turn this or any other AI stock around until April 15th.  Of course, many of you will be wiped out by then.It would have to go down to $150 to wipe me out. But do you really think me or anybody else would hang around for that? And what does the tax filing deadline have to do with the price of eggs in China, or the price of SMCI stock?Money has to come out of the stock market in order to pay taxes.  Perhaps up to 45% of the profit,
$SUPER MICRO COMPUTER INC(SMCI)$ Last chance for oracle to buy SMCI. Larry Ellison is known to buy market proven companies of reasonably large size with high potential to expand market. This will consolidate their position and ftc should be ok with that given smci is much smaller player relatively. 1400$ per share could be 75 billion usd tag which is very doable and will give oracle a long leash on future revenues in the much coveted AI market. Hahha, I initiated very small long position after covering my shorts today finally. I will accumulate or sell based on which way it goes, so no big deal. I have worked in the industry and seen it so many times so this was just a hunch. It is much more likely than ever in my mind.