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26,112,858 Views | 235632 Replies | Last: 5 hrs ago by jamey
MROD92
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Perfect thank you sir
BrokeAssAggie
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TSLA
Brian Earl Spilner
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AG
Tough actin' TNA'ctin.
cgh1999
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AG
What's going on with ASO?
Imsodopey
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AG
Quantum stocks moving up.
flashplayer
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AG
cgh1999 said:

What's going on with ASO?


Probably money rotating back into tech and speculatives more than anything. The smart money is probably making a killing off these whip saw movements while the rest of us schmucks hang on for the ride.
Heineken-Ashi
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What I'm watching..

SPY ending diagonal to complete in the coming week. If it happens, the reversal target range is $599-$602 likely by February expiration and we could load up calls for a high probability trade that could print upward of 5x. Like anything, need the blueprint to fill out first. Sitting on hands until it either does or the setup breaks and I re-assess.

Heineken-Ashi
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XLK has the same pattern. I grabbed some SPY Jan 24 $575's in lotto size to hopefully make 2x if this were to happen, but it's mainly as a hedge against my NVDA position as I'm going to drop my stop to account for this pattern possibly playing out over the next week.

Heineken-Ashi
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TSM earnings in the morning. If you joined on the play for the potential upside, it pretty much needs to happen tomorrow. I will be prepared to exit the shares should it spike to $230 somehow.
EnronAg
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AG
so what are the thoughts for bal week? continuation on this move up? or give back (on what I believe to be an overreaction move)?
BrokeAssAggie
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We might kiss $595 before close today
Heineken-Ashi
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Any break of $586 at this point is bearish.
FobTies
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Bulls trying to hold 5996 into close...
ProgN
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EnronAg said:

so what are the thoughts for bal week? continuation on this move up? or give back (on what I believe to be an overreaction move)?
With PPI and CPI essentially taking rate hikes off the table and in the rearview mirror the focus will shift to earnings. Banks did well this morning, kicking off earnings season. You add in positive geo-political news (Hamas/Israel ceasefire and hostage release), CA fires coming under control, and Trump inauguration on Monday, then this market could have some tailwinds.

I wouldn't play short term SPY puts at this time, but everyone make your own decisions. It's just my take on things.
EliteZags
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AG
Imsodopey said:

Quantum stocks moving up.
BrokeAssAggie
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That was fun. Time for a mid week sip. Cheers.
BucketofBalls99
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So nice to have a day like today after being bent over for the last couple of weeks!

Cheers!
Heineken-Ashi
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SPY finished right at resistance. Could easily turn down for one more low as my chart earlier points out. I've got positions that will benefit strongly with the market up, but I'v got hedges that could gain multiples if we can $570.

TSM reports at 1:00am central time. By the time the path has been decided, it will likely be too late for us. I considered selling my position for a tiny loss, but decided to hang on for the ride. Hoping for the best.
ProgN
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BrokeAssAggie said:

That was fun. Time for a mid week sip. Cheers.

If you're celebrating then post a larger glass my friend.

BrokeAssAggie
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I got soccer games to be at in an hour!
ProgN
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BrokeAssAggie said:

I got soccer games to be at in an hour!
BrokeAssAggie
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Haha, MU looking good again!
FobTies
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LUMN might be worth a long with stop below $5. Its gone from a hopeless telecom, to an overlooked AI data center/network play. Reminds me of CVNA in terms debt and being written off for Ch11 before squeezing....not that LUMN will squeeze that hard. I could see it revisit $10, and if they strike big deals with hyperscalers, could go run beyond that.

Earnings/news Feb 4, if you want to wait that out.
ProgN
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BrokeAssAggie said:

Haha, MU looking good again!
$MU, $POWL are positioned to really jump.

$DELL looking ripe for a positive reversal.

I'm doing my deep dive research on $CLS at the moment, and thus far, it will be the next one I bring to clubhouse unless I find something troubling. So far I haven't found anything that I don't like except for that I'd like it to pullback before entering. I haven't bought any shares yet, but I'd suggest those that are interested add it to your primary watchlist. Over the weekend or when you have time please do your own DD. If any of you guys that are in their industry and familiar with them, then I'd love to hear your opinions (just lurkers especially).

I cannot take credit for $CLS because a good friend of mine asked me to look into it. I like it very much thus far, but prefer it on a pullback. I AM NOT BUYING IT AT THIS TIME, and I will post before I do as always.

I know we have clubhouse fam that are in that industry, so please post (or PM me) your opinions because I'd really appreciate real world info.
Heineken-Ashi
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Prog brough CLS to me a week ago asking my opinion. I just want to be upfront that I would need a bigger pullback to enter. Based on my cursory research, which admittedly wasn't very deep, I can put its chart right next to POWL's and see the same general patterns playing out. And I believe they operate in similar spaces. I will be sitting this one out barring a significant retracement. The all-time chart is also just above the previous ATH from pre-dotcom bust. That's a cup and handle in my eyes, and I really don't want to invest before the handle starts.

Just my opinion. I too would love for someone who knows more to clue me in.
I bleed maroon
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FobTies said:

LUMN might be worth a long with stop below $5. Its gone from a hopeless telecom, to an overlooked AI data center/network play. Reminds me of CVNA in terms debt and being written off for Ch11 before squeezing....not that LUMN will squeeze that hard. I could see it revisit $10, and if they strike big deals with hyperscalers, could go run beyond that.

Earnings/news Feb 4, if you want to wait that out.

I just layered some $5 APR puts on to my bullish holdings of shares and APR $10 calls. I tend to think LUMN will be a longer-term winner, but hedged it in case they issue a poor earnings report. My shares are a result of exercising some $1 calls (!) from over a year ago, so I'm enjoying a 350% gain on those (sold about 60% of my call options on the runup, and exercised the rest).
aggies4life
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I bleed maroon
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aggies4life said:


Seems a little fishy (or would today's youths say "sus")?

I have no problem with short sellers in general, but these guys sure skirted the edge of market manipulation rules for years, now...
Chef Elko
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Catching too much flak I guess. These dudes got me good over the years with Luckin Coffee, Clover Health and Supermicro.
Charismatic Megafauna
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Wish they would finish cvna on their way out
Brian Earl Spilner
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Oh the huge manatee!

(And irony.)
Chef Elko
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I have my eye on them. They market is carrying them and making the puts cheaper.
FobTies
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I wonder if Kerrisdale is not far behind Hindenburg. They have had several ill timed short reports get squeezed.
plowe32
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AG
SMCI extended filing deadline is 2/25.

xAI likes their products. It's the potential fraud that is what is concerning of course. Any updates of note?
harge57
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AG
Just for fun. Grok's response on big items impacting SMCI over the last 3 months.

Here is a timeline of the significant events that have impacted Super Micro Computer, Inc. (SMCI) stock over the last three months:

October 2024:
  • October 30: SMCI stock saw a significant drop following reports that Ernst & Young, their public accounting firm, decided to quit. This news led to a 31% decrease in stock price, reflecting concerns about the company's financial reporting and accounting practices.
    [url=https://x.com/KobeissiLetter/status/1851611656695971959][/url]

    [url=https://x.com/KobeissiLetter/status/1851611656695971959][/url]
  • October 30: Further compounding the issue, posts on X indicated that EY, one of the best accounting firms, dropped SMCI as a client after short reports of accounting irregularities emerged. This event was highlighted as a bad look for SMCI, further weighing on the stock alongside related concerns for other tech stocks like AMD and NVDA.
    [url=https://x.com/Banana3Stocks/status/1851612559876739230][/url]

    [url=https://x.com/Banana3Stocks/status/1851612559876739230][/url]

November 2024:
  • November 19: Discussions on X suggest that SMCI was in a precarious position with no clear plan, and with new auditors BDO not having looked at the books or agreed to conduct an audit. Additionally, SMCI hadn't informed BDO why Ernst & Young had quit. This uncertainty led to speculation about possible delisting by Nasdaq, drawing parallels to a previous delisting event in 2018.
    [url=https://x.com/amitisinvesting/status/1851614294019858591][/url]

    [url=https://x.com/amitisinvesting/status/1851614294019858591][/url]
  • November 26: There were reports on X of lenders, specifically Cathay Bank and Bank of America, terminating and requiring repayment of loans to SMCI, possibly due to breached covenants. This news added to the financial instability narrative surrounding SMCI.

    [url=https://x.com/KobeissiLetter/status/1851610726927892992][/url]

December 2024:
  • No specific events directly impacting SMCI stock were noted in the provided information for this month, but the overall sentiment and ongoing issues from previous months likely continued to influence the stock's performance.

January 2025:
  • January 10: The stock price was noted at $32.60, reflecting a continued downward trend following the turmoil in the previous months. This price suggests a significant drop from its all-time high, aligning with the reported volatility over the past 3 months.

    [url=https://www.macrotrends.net/stocks/charts/SMCI/super-micro-computer/stock-price-history][/url]

This timeline captures the major events and sentiments from web sources and X posts that likely influenced SMCI's stock performance during this period.
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