$SMCI very bullish if good earningsSo these clowns are finally going to talk about their business next week. Hopefully they fixed all their accounting issues. They said there will be no change to past reports. As far as running a company, I believe they are doing some shady things but with a PE under 15 and the company supposedly is doing twice the numbers they were last time we were at these levels plus the Blackwell is finally out and they can forecast huge growth there is a lot to be bullish about. 17% of the float is short. It still could be high risk but just like how people are still bullish GME years after it's run I think there are a lot of people watching this one as well. The short squeeze and gamma squeeze has huge potential. There was a record number of institutional investors piling into this name as well. If I'm wrong I'm screwed because I have lots of shares and June calls all in the money at the moment. I don't see breaking all time highs any time soon but doubling money on June calls can happen fast. If earnings are good and the outlook is good, I'm happy to double down. Just my opinion not investment advice, it's still high risk! Earnings has about a 13% expected move.
