Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 55.41

-1.2%

Jan 14 4:00 PM EST

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misu_byk

To: misu_byk who wrote (202812)	2/8/2025 1:29:57 PM
From: SGJ	1 Recommendation of 207796

$SMCI: After a big gain recorded last year, I reentered too soon. I did a tax loss harvest in Dec and got back in after 30 days. Already recouping nicely. I think we are going to be ok. I have a lot of solid reasons for this besides the technicals and financials. Systems that work at $3B in sales, don't work well at $12B. Material adjustments are necessary and are to be expected. Management's error and why the CFO is gone, is not planning for it before it was upon them. marketbeat.com GLTA!

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