Time to
ProgN said:
No, price targets are like reading a longwinded Ketch soliloquy, that's a never ending run-on sentence, about sip recruiting on the tears thread. Firms adding to their position in SMCI is what you should focus on. The insider sells were only around 500 shrs and still hold thousands of shares so they're not selling either. You have insiders holding and firms adding to their positions. What does that tell you?
Markets are in the stratosphere in overbought territory in all indicators, while market breath is abysmal. I'm hoping for some selling pressure over the next 2-3 weeks. If SMCI is $750 or less, POWL $120 or less, then I'll be loading the boat on both. Regardless, if I don't get my pullback in the markets, I will own some of each going into their ER, just not as heavy as I would be if they hit my target prices.jamey said:ProgN said:
No, price targets are like reading a longwinded Ketch soliloquy, that's a never ending run-on sentence, about sip recruiting on the tears thread. Firms adding to their position in SMCI is what you should focus on. The insider sells were only around 500 shrs and still hold thousands of shares so they're not selling either. You have insiders holding and firms adding to their positions. What does that tell you?
Back up the truck!
Or at least in my case, don't sell because I'm up 12%
I put all mine in TSLA, was already up over 100% on it from COIN this year. Yolo amiright.Brian Earl Spilner said:
Have to be honest, I'm tempted to dump half my Roth into SMCI and hold on for dear life.
Heineken-Ashi said:
NVDA $134-$135 is the big pivot zone.
Miners are taking a bath today. And BTC is approaching resistance. Needs to get bullish and fast or pressure can push down to 48k-51k range. Miners held on while BTC got smoked. Now they are retreating a bit and will more if BTC comes back down.Philip J Fry said:
WULF announces that it's debt free and it's down 8% today?
Will Pedro get his head squished like a grape?ProgN said:
Trailer dropped this morning. I can't wait to see this.
El_duderino said:
Gladiator and Denzel? Sign me up
Haven't look in a while. Hard to not like the R/R though it would have been nice to catch it yesterday. Buy with stop at $14.50.The recent drawdown was feer deeper to be confident about an impulsive move up, so my expectation should it not stop out and move higher would be for a turbulent choppy process that shakes people out along the way.Towns03 said:
anyone follow ACAD? will it bounce back to $30?
EliteZags said:
are we hitting on POWL
You'll be alrightEliteZags said:
grabbing some @137
didn't wanna wait on SMCI ~800 either
I'm about to PM you because I've found a new one that I'm doing my own DD on atm and I'd like your take. I respect your analysis, even when we disagree on a stock. You're very thorough and sometimes point out something that I don't. It's not a buy right now, but I'd like your input before I bring it to the clubhouse because it's lining up to be another wealth creator thus far.Heineken-Ashi said:
IREN - I'd be surprised if this doesn't see $10 or even a little lower as the next move. If so, I'll be buying looking for $20+ on the next move which should coincide with BTC moving back up.
Insiders sell for any number of reasons, but insiders still own 19.6% of POWL's float. Their business is strong and fundamentals hasn't changed, so those sells don't bother me at all.Quacked said:
Was just looking into POWL insider trading. Lots of recent sells
ProgN said:EliteZags said:
are we hitting on POWL