Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 306.55

+0.4%

Oct 31 5:00 PM EST

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From: y2kate	11/2/2023 11:53:13 AM
	of 95333

Throwing it open to the thread. Does anyone follow SMCI? Top component in the R2K. Reported good earnings and sold off hard at market open after a strong positive response in the pre-market. Never seen a stock that wasn't a penny stock act like this. There is radio silence on CNBC which is well aware of the stock and its ER. Cramer told a caller just last Friday to "stay in love" with the stock. No upgrades or analysts raising price targets, so were earnings worse than they seemed? The market is up, the sector is up, its great client NVDA is up. No excuse for this. Low float manipulation? If so the company should speak up. Or, is it something more fundamental? At a loss here. SMCI doesn't appear to have much of a following here on SI, but if someone knowledgable could give their take, much appreciated.

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