Burnell Ezekiel
04-02

$SUPER MICRO COMPUTER INC(SMCI)$

The short positions have basically been closed. I don't want to experience the psychological pressure of losing 100% in just a few days when shorting SMCI anymore. (Once I can't withstand the pressure and cut the losses at a high price, it will be a huge loss.) Also, I don't want to go through the long process of getting my money back for SMCI. Shorting highly volatile small-cap stocks really proves the old saying that if you don't listen to the elders, you'll suffer the consequences. Fortunately, I didn't cut the losses at a high price for these two trades, so I didn't lose too much. I still kept a small base position of SMCI. After all, it's really far from its intrinsic value. If it rises above 50 again, I'll add a little bit in batches. I firmly believe that its price will return to its value.

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