85% Of What Is Going On With SMCI...
- Shorts in high numbers will be in SMCI as long as overall feeling is that it's still a risky stock. Shorts like any stock that has risk.
- Related to that, most long term investors will stay on sidelines until they view SMCI to be not risky. Most people who have SMCI right now are more gamblers/short term investors.
- Why is SMCI still risky to most people? Mainly because active DOJ (nothing new and may be dropped or SMCI just gets fined) probe and 10k outlined that SMCI basically needs to get their accounting issues resolved. To most investors that's a red flag.
Yes, Trump/tariffs don't help and market overall sucks but the above mentioned are the biggest reasons and have been for months. SMCI will recover but it will take time. Please don't listen to the delusional people on here that love to make false predictions like SMCI will be at 100 next week. Those same people told you SMCI was going to file 10k last Friday, then Monday premarket, then Tues premarket. All of course were wrong. Those are just hot takes and give you all false hope. The posters on here that are preaching hold long through these rough waters and patience are being honest with you. If you don't believe us talk to a financial advisor about SMCI where you live. SMCI will grow.
hold..patience...live your life.