So the Tik Tok and Reddit hordes are buying up shares of FFIE to scuttle a Hedge fund that was short selling it
Looks like it’s working. So far. I just bought a couple hundy for 1.52 a share. The hope is to hold at over a dollar until the HF can’t cover and shares rocket to over two hundy a share
In case anyone wants to drop in some funny money here’s the discord for info
Just need a Robin Hood account. If you have a Roth, buy it from that and avoid taxes
IMO real squeeze going on right now (potentially) is silver. Problem is the big banks are so damn short on it that they can’t let it get out of hand. It may be coming out of 30 years of consolidation. Or the paper just gets shorted into oblivion again.
LOL… Palo Alto Networks. You can never predict how the market will respond to an earnings call. I am going to sell some vertical spreads on PANW this week.
https://x.com/StockMarketNerd/status/1792652542179942584
PANW closed at $323/share today. After hours it is now down to $296/share.
Stuff that’s priced near perfection has been reacting to earnings that way. Wouldn’t surprise me if NVDA beats and raises and then sells off.
Back in March of 2023, I owned 200 shares of SMCI. They traded at about $28/share.
I traded options on these shares and made about 10k over time. They eventually got called and I felt good about that. These shares are now worth $903/share.
LOL…I wish I didn’t trade options on them and just held them.
SMCI is a bubble IMO. They make server racks. With NVDA I can see the argument that they monopolized the picks and shovels for the AI movement. Though Drunkenmiller sold 73% of his bag and he’s now saying NVDA is over its skis.
But SMCI will be a 10B MC again sometime in the next couple years.
They also make servers, software, cooling, and etc.
Cool. They’re still is no proprietary AI technology there. The supposed argument for their moat as has been explained to me by IT professionals is that their cooling technology was best suited for the ridiculous power loads of the Hopper GPUs. That’s it. It’s MC is that of Honda Motor Corp. And I get multiples vary greatly behind those two sectors but Yolo’ing a not particularly differentiated hardware company at or near the crest of a bull cycle of one of the most volatile cyclical industries strikes me as a bad idea. Hate the risk vs. reward profile personally.
I’m thinking about buy some tomorrow after the opening dip.
I love shit like this. I just bought.
I just sold 2 verticals on PANW, with a 3rd one set up. Not sure if it will fill today since the price is running up. I will see if this ends up out of the money, but for today, I made $806.76 in premium.
The over night chart is already recovering. I’m sure NVidias earnings report will impact PANW price this week too.
Proprietary? Probably not. Best of breed, yes, that’s what they do. Their share price has been rewarded like a lot of companies, due to the AI fever. Just like NVidia.
SMCI uses NVidia in their servers.
Yes, I am of course very aware that NVDA uses their racks and other hardware for their hardware. Jensen and Charles Liang go way back. But NVDA partnership with Dell seems to be growing and IMO long term that’s a better fit. But that doesn’t that’s not even part of my calculus. Once LLMs switch from the training to inference stage a whole new range of chips will be useful. Google is most certainly switching to their own TPU once at that stage. And NVDA still has CUDA so they have a software moat but that won’t protect SMCI.
If you think it’s a compelling investment up here then more power to you. I’m not saying I’m going to short SMCI or anything but there are way easier and safer ways to make a buck as IMO the downside is monstrous. IMO they very well could be to AI what Juniper Networks was to the dot com era. Could be wrong but that’s my take.
I am an OG Ape
I have Gamestop and AMC and I AINT FUCKIN SELLIN
At this price level, I’m not touching it. My only direct rebuttal to you was when you told me SMCI is a rack company. Clearly looking at their line card and as you also subsequently described, they are much more than a rack company. As I started off, I wish I had held my original 200 shares that I bought at $28/share. I wont be buying or even trading verticals at $920/share.
I think the Fed has been pumping liquidity into the market now for years. Once that dries up, we will see a huge crash or correction. That’s why I Iike verticals right now. At least I have some kind of down side/price protection for when that happens.
LOL…this is a 20 day chart on SMCI. I ain’t touching anything that can swing $270+ bucks/share in a few days.
I’m not an IT guy so I could be mistaken but in talking to them and just what I’ve read they’re are two pillars in the AI movement on the chip side. It’s NVDA for having the expertise of design and the software to train models and Taiwan Semiconductor for being the only ones to effectively make them at that kind of scale with that kind of effectiveness. Everyone else on the underlying tech side is simply along for the ride. And I’m not talking about Altman the sociopath or any of the hyperscalers. Just the silicon that supports it all.
There is also the software and hardware side of AI. Not just the chips.
Dell, HP, SMCI, for example on the hardware side. All of these companies will be involved in an AI play/growth. Some won’t make it of course.
Current ratings on Chip companies (from a quant perspective) from Seeking Alpha.
Long term I do like Palantir as a side AI play. They are tight with government contracts too. I also bought 2000 shares of RGTI as a cheap entry future/gamble into AI processing. If it hits 89 cents per share, I will be buying 500 more shares.
I have to be honest, I can’t really grasp what Palantir actually does. Probably just bc I’m stupid. And I’ve listened to Alex try and explain it. But Drunkenmiller just bought in so that is certainly a plus. Its valuation is really quite rich though.
Plus Thiel is a f’cking weirdo. Kind of hate investing in that ghoul’s companies.
