Jun. 26 at 10:54 PM
$SMCI after things were settling after
$HPE’s earnings, SMCI was around
$8 lower than HPE. So, considering how badly management messed up the offering, I think it’s okay to be over
$30. Of course
$35 would have been better as in that case we’ll be just around
$8 lower than HPE but given how volatile it is, 2-3 good days can put it back over
$35. So, it’s not as gloomy as it seems like but @Congostockchat clown’s
$149 or
$250 target isn’t hitting anytime soon. Having said all that, I’d expect this to be around
$40 mark before/around next earnings unless Charles pull out something unexpected which we definitely can’t rule out
