May. 14 at 6:53 AM
$SMCI Yep they had PLENTY of time to get out, for those that shorted at
$66 in October 24, they still have a little bit of juice left before the share price eats into their profits, for those that shorted at
$29 and below hoping for an imminent delisting, well those days are over and they are looking to cover imminently on those positions.
The
$66 shorters know this and will capitalise on that, covering here rather than waiting for the
$29 and below shorters to cover.
We all know there are massive buy signals now, SMCI has all its ducks in a row, we know that it wont be "Cooking the books" when they report big earnings, they were chosen specifically for that
$20B deal over
$DELL,
$HPE $LNVGY etc, simply because they have the best tech.
$SMCI is in a prime position to gain increased market share going forward, with that there is more allocation from
$NVDA for their blackwell chips too.