$SUPER MICRO COMPUTER INC(SMCI)$ It's obvious, the price is so manipulated but one good thing coming out of this manipulation is that the base is developing around $700-$800. The 200 days average is also rising so may be someone/group wants to keep the price at this level for a solid base...there are a lot of funds probably will buy around this price level so they probably like a solid technical base for them to get in. For long term longs, patience is needed because it has went up significant within a year so one can not expect it is going up forever without going down and then stabilized.

The person named Gary probably belongs to that group, it is all he does...talking down the price all day and the CEO. He certainly has nothing better to do.

Fundamentally, this company is solid...growth and it's finance. Don't listen to those that talk about gross margin is going down. This company is making tons of profit, comparing to some AI related companies that still make very little or losing money and the cap value is higher. It might need some more capital to grow because the demand is high, but why there is a problem of having a high demand for their product? The worry should only be when there is no demand and thus no need for more capital. The growing pain is what it is, all great growth companies will go through it.

# 💰 Stocks to watch today?(26 Jun)

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