SMCI Drops After NDX Removal: Can It Recover?

SMCI drops 8% after its removal from NDX. ------------------ Can it recover or head down under $30? What's your target price for SMCI?

avatarMickey082024
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$ has seen a significant surge, with its stock rising by over 30% recently due to strong demand for AI servers. The company's solid financial performance, especially the rise in sales from AI-related hardware, is driving investor optimism. However, there are some regulatory concerns, including an investigation into its business practices, which could impact the stock's stability. Despite these concerns, analysts remain largely positive, with some projecting a price target of up to $66 over the next year. Whether SMCI can return to the $50 mark this week depends on various factors, including market sentiment, AI-related growth, and any updates on the regulatory issues. Given the current
avatarKelvinKyaw
2024-12-02
$SUPER MICRO COMPUTER INC(SMCI)$   Super Micro Shares Surge After External Review Clears Company Super Micro Computer Inc., a leading provider of high-performance server and storage systems, saw its shares surge by 16% in premarket trading following positive news from an external review. A special committee of the company’s board, along with external counsel, conducted a thorough review of its business operations and found no evidence of wrongdoing. This announcement has boosted investor confidence and is a significant step toward stabilizing the company’s reputation and market position. The review’s outcome is particularly important given recent scrutiny surrounding corporate governance and financial transparency in the tech sector. By
avatarJRM1021
2024-12-18
$SUPER MICRO COMPUTER INC(SMCI)$  Dell was previously delisted from the Stock Market back in 2013. Not concerned with SMCI removed from NASDAQ, it doesn't mean gameover. Based off the previous month's short interest VS the current month's, we can conclude that the stock does have a more bearish sentiment in the market. With that in mind, the short ratio is only 0.81% So I'm picking up more stocks and waiting for the next earnings date, which should be somwhere around 27th Jan 2025. I've performed a DCF (Discounted Cash Flow) Analysis, based on my analysis the intrinsic value of the stock is $55.40 per share. With prices currently around the 30-35 range and me being a long investor of the stock, I personally will be b
avatarky0123
2024-11-26
$SUPER MICRO COMPUTER INC(SMCI)$   $Yieldmax Smci Option Income Strategy Etf(SMCY)$  Supermicro, a leader in server technology, is showing promising signs of recovery and are looking brighter , much to the benefit of its investors. Recently, the company hired BDO, the fifth-largest public accounting firm, to serve as an independent auditor. This partnership bolsters Supermicro’s credibility and significantly improves the company’s ability to file its annual 10-K report promptly. Such an action would also reduce the likelihood of Supermicro being delisted from the Nasdaq, a concern that has been looming over the company. Supermicro’s ability to resolve accounting is
avatarZefactoTrader
2024-11-01
$SUPER MICRO COMPUTER INC(SMCI)$   Investing in Super Micro Computer, Inc. (SMCI) has become increasingly risky following the recent resignation of its auditor, Ernst & Young (EY). This situation raises several concerns for potential and current investors. ### Key Concerns 1. **Auditor Resignation**: EY resigned after expressing significant concerns about Super Micro's internal controls and governance. They stated they could no longer rely on management's representations and were unwilling to be associated with the company's financial statements [[2]](https://www.cnbc.com/2024/10/30/super-micro-auditor-resigns-after-raising-concerns-months-earlier.html). This is a serious red flag for investors, as it suggests potential issues with t
avatarMrzorro
2024-11-30
Options Market Statistics: SMCI Shares Tumble Nearly 7% on Black Friday; Options Pop $SUPER MICRO COMPUTER INC(SMCI)$   experienced a significant drop of nearly 7% on Black Friday, marking another volatile trading session for the server manufacturer. The most actively traded put options were those with a $30 strike price, set to expire on November 29. The total trading volume for these contracts reached 31,360, while the open interest stood at 36,231. As it strives to avoid delisting from the Nasdaq due to delayed financial filings, its stock has become a favored target for day traders. The company's shares have exhibited extreme fluctuations, joining an exclusive group of stocks that have alternated betwee
avatarBarcode
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$   I traded this before the split and knew the range between 777 and 888 but now I can't even keep up with it's range. The old toot Cramer calls it Bipolar. Hit resistance. Look for a flag.   It needs to hold $40.69.  
avatarBullaroo
2024-10-30

SMCI’s Plunge – Why It’s Not Worth Bottom-Fishing

In light of recent events, SMCI’s ( $SUPER MICRO COMPUTER INC(SMCI)$ ) challenges run far deeper than the current price dip, and, in my view, reflect a pattern of unreliable management practices that should signal caution for any investor. The resignation of Ernst & Young as SMCI’s auditor is a red flag. Auditor resignations—especially in a financially complex, highly regulated sector like technology—are rarely a trivial issue. This news, coupled with prior reports from short-sellers on SMCI’s financial vulnerabilities, points to serious operational and regulatory deficiencies that, unfortunately, have been downplayed by the company’s management. Management Disarray and Regulatory Disregard: SMCI has shown a pattern of financial and operationa
SMCI’s Plunge – Why It’s Not Worth Bottom-Fishing
avatarMickey082024
2024-11-06

SMCI In The Blink Disappear From Nasdaq

$SUPER MICRO COMPUTER INC(SMCI)$ SMCI Earnings Miss Super Micro Computer (SMCI) recently reported its fiscal fourth-quarter earnings, and unfortunately, it missed analysts' expectations. Here are some key details: Earnings Per Share (EPS): SMCI reported non-GAAP EPS of $6.25, which missed the Zacks Consensus Estimate by 22.2%. Revenue: The company's revenue surged 143% year-over-year to $5.31 billion, slightly surpassing analysts' expectations. Stock Performance: Following the earnings report, SMCI's stock fell over 10% in after-hours trading. The stock is currently trading at $26.34, significantly below its 200-day simple moving average of $71.97. For company that already heavy pressure with fake accounting and now the earnings miss, SMCI is in d
SMCI In The Blink Disappear From Nasdaq
SMCI announced that Nasdaq has accepted its compliance plan and extended its filing deadline to 25 February 2025. SMCI added that it should be able to comply with the extended deadline.  SMCI's share rose more than 9% in the morning. I would suggest to take profit on any gains today. The extension given was anticipated and should have been priced into the share price.  Any incremental gain in SMCI's share price should come from  1. Confirmation of non-reinstatement of financial reports (minor gain in share price). 2. Audited reports by BDO do not vary much from unaudited reports (minor gain in share prrice). 3. Future projection of revenue and gross margins (major gain/loss in share price). Ceteris paribus, for SMCI to regain its pre-PWC resignation share
avatarSpiders
2024-11-20

SMCI Stock Rally: A Cautious Perspective on Temporary Gains

The SMCI stock price saw an uptick on Monday and Tuesday, attributed to the announcement of a compliance plan and the appointment of a new auditor. While this news may have temporarily boosted investor sentiment, I personally don't see it as a compelling reason to buy the stock just yet. Here's why: Impact on Fundamentals: These developments, while positive in terms of governance and regulatory compliance, do not directly address the company's core financial performance or operational challenges. For me, any investment decision must be grounded in substantial improvements in earnings, revenue growth, or market positioning, none of which appear to have changed based on this news. Market Overreaction: Stock markets often react strongly to news that has limited long-term impact. In this case,
SMCI Stock Rally: A Cautious Perspective on Temporary Gains
avatarTerra Incognita
2024-12-03
I opened $SMCI 20250103 65.0 CALL$  ,SMCI: collect 1.15% premium from these covered call with strike at $65 which is 55% higher than current market rate.  Contract will expire in 32 days on 3rd Jan. SMCI soared 28% on Mon 2nd Dec on news that the special independent committee finds no evidence of fraud. For this I remained doubtful. Anyway, capitalise on the surge to sell fresh covered calls on the remained uncommitted stocks holding at various interval to capture the higher premium. 
avatarGuavaxf30
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$  has been extremely volatile. The announcement of no-wrong doing by their internal investigators may not mean much as these were conducted by an employed director. But if the newly appointed External Auditors come up with the same assurance, SMCI will possibly rocket ip again. I see a very similar pattern to MSCR. Any good news will trigger a seismic movement. But you have to have a strong heart to play these kind of stocks. Very high risk, super high rewards.
avatarBG68
2024-12-17
$SUPER MICRO COMPUTER INC(SMCI)$  definitely going up up up
avatarMadluvyz
2024-12-03
$SUPER MICRO COMPUTER INC(SMCI)$    Been pocketing weekly premiums on this stock since start of the month. The bulls seem to prove their worth during this run up. So I am on the ride till it breaks. 🐮 @madluvyz - Specialist in using TA to sell options and swing trade.
avatarSandyboy
2024-12-03
$SUPER MICRO COMPUTER INC(SMCI)$  From a low near 17, the stock has jumped to 43+ and also 30% in a day. While the concerns are seemingly behind, we still have to wait for the filings to know the condition of the company. But going by reports the revenue and profit should be meeting expectations. I would say there is more upside and 50 will be reached I due course 
avatarbluekiwiseed
2024-12-03
$SUPER MICRO COMPUTER INC(SMCI)$ SMCI will reach 49-50 and pull back to 44-45, before rebounding further and retesting. Decide what you want to do with this, whether to hold, or to combine shorting and DCA for profit and long term accumulation. It's quite clear which one is more profitable and less risk 2️⃣
avatardk0112
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$  Yes. It it probably return to $50, however as an auditor, I will not go for long term investment in this stock as it represents that the management representation is no longer reliable (said EY). So please becareful as we don't know what has not been revealed yet. 
avatarTerra Incognita
2024-12-01
I closed $SMCI 20241129 65.0 CALL$  ,SMCI: collected premiums in full for this covered calls expired worthless when it expired worthless on 29th Nov. SMCI shown some strength since last week before fizzling out mid week. The $40 remained a significant resistance and true enough didn't break above.  It will take a long while before SMCI even retest its 200 days MA which is at around $70 now but trending downwards which is really bearish. 
avatarnerdbull1669
2024-09-27

Is Bearish Sentiment On ARM Holdings In The Options Market A Concern?

$ARM Holdings Ltd(ARM)$ is a semiconductor and software design company known for its industry-leading technology in the mobile and embedded computing market. ARM Holdings Going Up Despite Bearish Sentiment In Options Market ARM stock is up 1.86% at close on 26 Sep 24, this is despite there is bearish sentiment in the options market, ARM holdings continue to show bullish movement. The conflicting opinions in the options market may have led to increased volatility in ARM's stock price. The driving force in the broader positive trend in semiconductor stocks was from $Micron Technology(MU)$ , and those related to artificial intelligence like Nvidia and AMD, could have positively influenced ARM's performance. Bu
Is Bearish Sentiment On ARM Holdings In The Options Market A Concern?
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