$SUPER MICRO COMPUTER INC(SMCI)$ 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.

# $2M Stock Offering Drags SMCI Down to $850?

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet