dinogreeves
11 hours ago
I know, SMCI so undervalued by at least 5 times from here for starters. The beautiful thing about it is the liquidity, the enormous inflow of dollar trading volume, it won't be long till this reaches 5-10% of NV*DA current market cap. SMCI is capturing a lot of attention now, thanks to "Hindenburg", they are all waiting on the Nasdaq extension. Shorts just lost 1.6 billion dollars just this week, this weeks puts all got annihilated, calls on NV*DA got annihilated last week, next week it will be NV*DA's turn to go up and rightfully so after the earnings call and SMCI will run on the hips of NV*DA and any catalyst from SMCI we will dwarf 40 dollars fast and furiously. Remember, the trend is your friend, don't dabble on day trading this, just buy and hold for massive gains, the hardest task in this arena is patience with top tier stocks.
dinogreeves
23 hours ago
I saw GM*E hitting 70 dollars one day and next 3 days it was back down to 17 dollars, then a month later one morning hit a target of 450 dollars pre market hours. Of-course different dynamics, different market, one million man traders got a hold of the float and they moved it as they pleased with Roaringkitty as the front man, I made a good score with GM*E on the recent run 80 grand in profits, but back in 2021 I lost 140 grand on it and it was trading millions and millions and millions of shares during the early stages, the same with AM*C, luckily I didn't lose on AM*C, for right now SMCI doesn't have neither of those DNA's, SMCI is not riding on coattails of those meme stocks, SMCI is a different breed of it's own and when this goes, it will fly. I didn't study GM*E and when I chased it cost me, but I made most of it back, I did however study AM*C for 4 days the pattern, essentially glued to the computer watching the action during the day from opening to close, then continued to watch it between 1 to 2 after hours, then again between 4-5, that is when I went for the kill, in two weeks right after I got in from 11.20 or maybe 11.40, can't remember it ran to 75 dollar one premarket. To be successful in this arena, besides common sense, it requires a lot of hard work, trading is not easy and it is not for everyone, if it was easy, everyone would do it. I am confident that SMCI will hit 200 dollars in 6-9 months, who knows maybe sooner. Over 90 million shares are short, approximately 80% between insiders and institutions from the OS, tradable float has to be around 80 million, believe me, it won't take forever to move this thing, watchers on stock twist are rising fast, 5000 more watchers since last week, the higher that goes, the tighter the float will get. Math is another one of my strong attributes, since I am a real estate appraiser and value homes, if SMCI numbers are not cooked, it should be worth around 200-300 billion dollars. What is puzzling for me is why if the books are cooked, they have not diluted since the dawn of times. I just want Charlie boy, to squeeze the crap out of Hindenburg and if that squeeze happens, it will be without warning.
dinogreeves
23 hours ago
35 is the next resistance, then it is 37, the big one is 43, after that blue sky breakout.
I am loving every moment of it, this is inevitably going to run 100...150....then 200. The float is eventually going to get locked down and that will happen when we breach 80. If you have an attention span of gold fish, sell and move on. This is trading like it should, all the gains we had all this week is still intact and once that extension is given it will make 100% move in 2-3 days, all depending on where the price is sitting before Nasdaq announcement.
dinogreeves
1 day ago
Hindenburg is good, but in this case they will likely be wrong. Common sense tells me they are not geniuses, even then, every genius has made mistakes in the past, from the President of the United States to the ones advising him, every World business leaders have done their share of mistakes in the past, but quickly dealt with, in this case with Hindenburg it could cost them dearly and I don't they didn't hedge against their own bet, GM*E should have been a good a lesson to them that cost Citadel in the billions and all the other shorts in the mix. The only difference retail gets caught in the mix, there is nothing wrong with shorting, that is what makes the market, stocks can't keep going up, almost like checks and balances, but when you distort information maliciously to mislead investors for your own benefit, karma can be beech.
dinogreeves
1 day ago
SMCI will play out exactly like CVN*A. Market is already speaking loud clear. But this one after Nasdaq extension is will rise much quicker and rightfully so. I personally like CV*NA business model, but SMCI has much, much better fundamentals in blazing hot sector. People can cry, moan and call for dooms day about AI bubble, AI is going to be a way of life and nothing will stop it, every sector in some way, shape of form is going to be tied to AI and SMCI is severely undervalued if the numbers are not cooked. Remember folks, common sense goes a long way in this arena, sometimes you may not be right, but if only one makes sense for you and you buy and hold for dear life, you will see massive gains.
WebSlinger
2 days ago
Here is the Barron's article from yesterday just after the close of the market: BTW, I added the highlighting.
Texas Pacific Land , which owns significant acreage in the energy-rich Permian Basin , will join the S&P 500 index, replacing Marathon Oil .
The changes will be effective before the start of trading on Nov. 26 . Texas Pacific Land stock is up 5% in after- hours trading to $1,595 after gaining 4% in regular trading. The stock has surged almost 200% in 2024.
Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22 .
Super Micro Computer , which was added to the S&P 500 earlier this year, will be staying in the index. There had been speculation that it might be dropped because a delay in filing a key financial report threatened to result in its being delisted from the Nasdaq.
Super Micro announced its hiring of BDO, a new accounting firm, on Monday as part of a plan to restore its compliance with listing requirements on the Nasdaq stock exchange following its failure to file its 10-K report.
Texas Pacific Land , founded in the 19th century, is one of the largest landowners in Texas with approximately 873,000 acres located in the Permian Basin . It is leaving the S&P MidCap 400 index where it's one of the largest stocks by market capitalization. Mueller Industries will take the place of Texas Pacific in the S&P mid-cap index and Atlas Energy Solutions will replace Mueller in the S&P SmallCap 600 index. Write to Andrew Bary at andrew.bary@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal .
dinogreeves
2 days ago
Awesome, I don't play chicken when I trade stocks, I go for the kill with everything I got. I don't wait for other traders to make a move, I make the move myself. There was one day in 2021, 20 minutes before close, I bought 180,000 shares of one stock that came on my scanner with unusual volume, buying big blocks at a time, 10,000 blocks, from 1.07 all the way down to 72 cents, the more I bought the more they dipped it on me, but didn't give up, kept buying and buying and I don't know why I was buying either, there was no news either, it finally closed at 0.68 cents and I was down about 8000 dollars at close and I had more fire power to buy it too, a lot more, but I said let me wait it tomorrow and see what it does, kid you not, woke up the next morning to use the restroom at 1:30 AM my time in the West Coast, it was already up 150%, then buy 3:30 AM it was already up 400%, I bailed with 280% net gains, 3 months later it hit 8 dollars, so many big winners like that, I can hardly count. Luck has a lot to do with it to, but also, you have to have the eye for it. That specific trade, without news, told me, market makers knew that I was loading and probably had enough to buy more it they decided to dip it again, they teased me out of my position the next morning. Telling you like it is, SMCI is going to my price target of 200 without hesitation.
Zilla
2 days ago
Sweet...In 1971 my Grandpa bought me 100 shares of PPG, 100 Texas Oil and Gas, 100 Kmart, 100 of some utility company I forgot and bonds in a banana company. Spent 500 on my birth and I remember reading the paper daily to see what the stocks did the day before after Dad read it before work. I use to be buy and hold as PPG split 2 for 1 three times before I sold my 800 shares and once after so I'd have 1600 had I held to this day but I sold when I was 21 so 1992? Kmart I sold many years before the went BK, The Texas Oil and Gas had something bad happen so I sold before it went buh bye, and the other 2 I sold between 18-21. So was out of the market til 2008 and bought a few things and traded in and out but lost all 5K I had in at that time in WaMu and Lehman...That was when I stopped being strict to buy and hold. I think I started posting here on IHUB around that time, so the rest is documented. The WaMu drama and getting to experience a run up to 348K to see my account up +40K and in a minute seeing it drop to -110K while listening to the BK court proceedings and seeing the price action happen before the lawyers said what made the stock go down and that leading to lawsuits that got us shares in restructured company WMIH? now called COOP.
So I'm not a typical 'trader' just someone who learns from their experiences and adapts to the environment. =)
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fung_derf
1 day ago
