SMCI - Share are up about 11.58%
Someone big is closing their shorts, or someone big is buying the stock today following the interview yesterday with Charles Liang on Fox news. The stock might go up to the moderate $60-70 range during this upcoming earnings season. He stated yesterday that he had a strong positive outlook for the company, directly addressing the past concerns with the negative rumors. In the same longer interview, he also stated that the company will surely meet $40 B guidance. $20B market cap and $40B revenue? This is called a multi-bagger in disguise. Forget AMD, Intel, Tesla, or Palantir, which has a high P/E overvaluation above 100+. Look at the revenue growth of this company and the financial ratios. All roads lead to SMCI!!