$SUPER MICRO COMPUTER INC(SMCI)$
With 2 M additional shares, the stock price would be 3% lower......
why it is down? It is diluting the share values
My 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 😂 happy I wasn’t in this time.
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- Strategy 1·03-21I have a different viewpoint. Smart move from the company to get additional cash to expand + if deep pocketed and more well verses buyers are ok to purchase at 875 its an indication for me that there is confidence. I don’t think it will drop easily to 800 level + feds more or less stick to the general outline for interest cuts. Having said that this can all turn around if inflation increases further and may FOMC turns hawkish again…LikeReport