Super Micro Computer, Inc. (SMCI) has experienced a significant surge in its stock price, marking a notable trend in the financial markets. Amidst a broader market downturn, SMCI stood out by not only maintaining its value but also achieving new all-time highs (ATHs), with predictions of the stock reaching over $800 and actual ATHs hitting $819. The stock has seen remarkable daily increases, including a jump of 11% in one trading session, and an additional 2.5% in after-hours trading. This bullish trend has been consistent over the last few months, with SMCI's stock price increasing by over 220% since the beginning of the year. The company's performance has drawn comparisons to historical market phenomena, with references to 'Dell 2000 vibes', and elicited a strong response from traders and investors, with some highlighting its 'parabolic' nature and predicting further gains.
$SMCI already up over 220% to start the year π² https://t.co/DaIlnMQ1Jp
Long $SMCI Short $NVDA Got it. https://t.co/n1tuVkohuE
$SMCI up another 2.5% in after-hours lol https://t.co/d45czKI3l9
$SMCI with serious Dell 2000 vibes.
SUPER Micro. LOL $SMCI
$SMCI is up another 11% If youβre still holding shares, when are you going to start taking profits? https://t.co/QqUqsT1wuV
$SMCI to the moon @kiantrades #flowseidon https://t.co/0MoWptd4ZN
SMCI up another 5%
$SMCI new ATHs - I rest my case π―$819 https://t.co/IZ60KZZbxi
$SMCI Another day another new ath. Madness. Some leaps probably 100x prior to this run.
Bears are so back after yesterday that $SMCI is making another new ATH in premarket
Bears are so back after yesterday that $SMCI isnβt making another new ATH in premarket
Already back $SMCI +1.8% $NVDA +1.56 $ARM +7.5%
SMCI is a parabolic beast. 800+ tomorrow. https://t.co/rB0CdzJaxz
$NVDA / $SMCI - Flight to Safety (of Momentum)
Back 2 normal market action with $SMCI $NVDA green.. #crazy #market https://t.co/oF185kSOew
$NVDA $SMCI have been strong last few months for market to hold - best cue to watch if they give up so will market Monthly OPEX pinning action expected. Patience is key for rest of week as we can see chop/range trading
Feeling nostalgic for the days when $SMCI went up 20% on the day, every day and 10% in an hour https://t.co/CLJeR18wWD
$SMCI lets break below 740 WAKE UP bears!!
$SMCI green when markets deep red.