I opened 5000.0 share(s) $Archer Aviation Inc.(ACHR)$ ,Reddit FOMO buyers fuel buying demand. Meme stock demand. Certification is 12-14 months away. Archer should be second to gain certification after Joby. Archer's business model includes air taxi service and sale of EVTOLs. Joby's model is only air taxi service. Been into EVTOLs since early 2022. Hope to write a detailed article about EVTOLs this Dec.
I opened 700.0 share(s) $SUPER MICRO COMPUTER INC(SMCI)$ ,Buying to hold out the report filing and accounting issues. Anticipate crossing $49 when outstanding filings are done. Probably $100 when resumed to past quarter's revenue growth rate.
$BigBear.ai Holdings(BBAI)$ A fraction of the gains during the first trading hour. Will hold. A few simple (not FA) reasons. 1. Bigbear is at 5x sales. Palantir more than 55x sales. However, Palantir is already profitable. 2. Bigbear's recent $165m US Army contract win shows extraordinary ttechnical capability. 3. Bigbear's president was Trump's former Border and Customs Commissioner and Acting Homeland Security Secretary. More to write.
I opened 800.0 share(s) $SUPER MICRO COMPUTER INC(SMCI)$ ,Day trading with current SMCI holding. Strategize to hold past current accounting and compliance issues unless significant negative news emerged. Buying back. Sold $44..29.
I opened 3000.0 share(s) $SUPER MICRO COMPUTER INC(SMCI)$ ,Buying to hold out the report filing and accounting issues. Anticipate crossing $49 when outstanding filings are done. Probably $100 when resumed to past quarter's revenue growth rate.
I closed 1500.0 share(s) $SUPER MICRO COMPUTER INC(SMCI)$ ,Day trading with current SMCI holding. Strategize to hold past current accounting and compliance issues unless significant negative news emerged. Buying back later.
I opened 6500.0 share(s) $Archer Aviation Inc.(ACHR)$ ,I opened 6500.0 share(s) $Archer Aviation Inc.(ACHR)$ , Added. 2025 is year of EVTOL. Fed's reduced penciled rate cuts doused the good news that Archer has its manufacturing facility topped out. 2025 will be the year of EVTOL. No doubt.
I opened 3400.0 share(s) $Archer Aviation Inc.(ACHR)$ ,Reddit FOMO buyers fuel buying demand. Meme stock demand. Certification is 12-14 months away. Archer should be second to gain certification after Joby. Archer's business model includes air taxi service and sale of EVTOLs. Joby's model is only air taxi service. Been into EVTOLs since early 2022. Hope to write a detailed article about EVTOLs this Dec.
I opened 3000.0 share(s) $Rivian Automotive, Inc.(RIVN)$ ,Buying on Volkswagen 5.8b investment news. Rivian's financial situation will improve significantly. The Rivian platform will be one to rival Tesla in time to come. Share price didn't reflect the news and accounting for the 4% drop yesterday.
I opened 500.0 share(s) $Amazon.com(AMZN)$ ,I opened 500.0 share(s) $Amazon.com(AMZN)$ $Amazon.com(AMZN)$ Buying for its dominant cloud position and homegrown Trainium 2 chips. Rather park cash with Amazon while looking for better opportunities to swap.
Totally disagree. You could have used "very high risk" or "uninvestible". But bear in mind, the CURRENT price accounts for the inherent risk NOW. This is a regulated stock market not a casino. Options must be gambling too? Justice department investigation. It will at most end with a fine and settlement. And it will be good news. Delisting from Nasdaq? Any news attributing the drop in share price after SMCI filed it's compliance plan is inaccurate. Nasdaq should approve the plan if it displayed a pathway to compliance. SMCI would be given 180 days to comply. So, we can discuss delisting possibility but in the final 45 days BDO is not a Big 4 firm. Not the same league. Big 4 firms are premier but it is myopic to only highlight BDO's past infractions without mentioning the many Big 4's infrac
Super Micro Computer: You're Gambling If You Buy This, Not Investing
I opened 700.0 share(s) $SUPER MICRO COMPUTER INC(SMCI)$ ,Day trading with current SMCI holding. Strategize to hold past current accounting and compliance issues unless significant negative news emerged. Buying back. Sold $44..29.
I opened $SUPER MICRO COMPUTER INC(SMCI)$ ,Added more because it is one of the cheapest AI stocks (amid with issues and not the highest gross margins). Expect issues to be ironed out. Will write a short note on SMCI.