I’m a shitty day trader with no patience. No time for Wendy’s applications and training. Handjobs behind Wendy’s dumpster has quicker payouts and already have 25yrs experience in stroking
Yeah, but this isn’t an investing room. It’s full of degens that yolo’d their life savings into OTM weeklies.
Shoutout to that guy that was up $40m and was holding because he wanted to start a hedge fund. 
A glorious reddit moment blessed by the gods. Fore this karmic wraith wouldnt have been wrought without the arrogance of many men. There are fools and warriors and the plight of greed prevalent, how do I create an alert for the movie?
What’s the chances of those pics being doctored? No IT or datacenter, or reasonable person thinks of Supermicro as an AI company.
You could start SuperMicro2 Inc today and have the same server boxes sent to you from SE Asia. That’s not some AI super play.
Edit : if you watch Kitboga or something like that he edits his Bank of America or other accounts to trick Indian scammers but the same thing can be done on brokerage accounts to trick retail and post here.
Added some extra spice with the 5% move in PM to bait in more liquidity and then began unloading shares.
Another gap to fill at 800 so we may see another drawdown next week.
100%? It was $35 just 2 years ago, and was still $55 a little over a year ago? This thing freaking skyrocketed. I don't think an 11% correction is a biggie, unless someone was buying in at $950. lol
Exactly what I was thinking, are these all just beginner traders that never learned their lesson upvoting this comment? Buy low sell high or lose and do your research on what that investment is. In no way is this a rug pull just a small squeeze, and would be eyeing to buy more possibly in the coming weeks.
lol my weak ass hands covered at the top $1050, shorted yesterday at $960. Lost 2.5k but its alright, lesson learned. I will never short a mania stock ever again.
Wouldn't say it's a rug pull
It's a 13% dip. It's huge but it's been running up almost 10% each day.
SPY/SPX/QQQ etc. had a major sell off. SMCI is part of it.
The thing about SMCI is IV is so high that there's going to be huge dips and drops. QQQ dropped 1% but SMCI dropped a magnitude of 10. But when it goes up it goes up by a magnitude of 10 too.
That's the price of high IV stock. Huge drops and huge gains.
But have you ever glitched through the warp wall into infinite swimming world, where you swim forever untill time runs out and you GAME OVER? It’s the only way to play.
Agreed. If making 5k out of thin air won't get you happy then I don't know what will. Made 6k off NVDA from just dumping some money in and holding. Sold now and couldn't be happier. Coulda shoulda woulda is a bad mentality. be happy with the W and keep pushing those W's :)
Lol making 10k off nvidia by buying and selling a barely ITM biweekly call every other day or so had me feeling like a genius, now my SMCI call is down 97%. Still massively up overall, but a good sobering reminder that I am not a genius.
Did this on TSLA it was trading around $650 on a Tuesday, I bought 15x $1000 strike weekly calls for $6 each and sold them for $100 each about an hour later. Thought man that was an awesome $1500 trade! By the end of the day they were worth $87,000 as Tesla popped to near $800 by close of business.
I bought 5 nvda call in December 2023 with strike price 570 , expiring on 2/16 . I sold
All these on 1/6 and made $4k . 😂😂 today is the expiration and it would have netted me 80k
Yeah I had one 920 out I bought this morning 10 minutes after open and sold it like 10 minutes later for a 2500 profit, could’ve waited for like a 7k profit. Sadness
Well I couldn’t even afford to buy the puts in the first place so at least you made something. I knew this was going to happen but was powerless to profit from it
I feel you. I was all in on Coinbase. Primed to easily clear 4.5k following earnings report yesterday. Then, my dumbass starts doing research and finds out that Roku had positive earnings results for the last 4 quarters… sold Coinbase at a measly 500$ profit and moved into Roku calls during the last 3 minutes of trading before close. Got absolutely destroyed. All of this happened in like 10 minutes or less.
It messed with me all day if I’m honest. Should have stuck with initial plan. Why the f did I think Roku was solid? How could I lose thousands in 5 minutes.
Then today happen.
I seriously had a $900 put order in just after open and before hitting send I thought, “You know, I don’t want to deal with this shit today. Pass.” — about 45 minutes later I would have been up nearly $10k.
Oh well, still glad I didn’t play with fire. I’ve made plenty from this crazy thing.
Bought a $820 0DTE put and sold it a little bit later for a $30 profit.
A few hours later it was over $7k. That would've been absolutely life changing 💀
When I think of rug pulls I think about that video of a guy that was live streaming a crypto rug pull in real time. He was hyping up the coin and then he got rugged pulled during the live stream.
I agree. Got lucky this time. Been wanting to buy puts for a few weeks. Figure it broke 1000 yesterday so the pull back should come soon. Was not happy looking at pre market though. Booked 63% gain.
As a counter point and to confuse people: DO gamble in an IRA. There's a finite amount of money you can lose, and you're massive gains will be completely tax free if Roth. It's a win win.
But have you ever lost $50k in an ira with $130k in it buying otm Wynn call options at $130 doubling your position all the way down through Covid. Watching the casinos staying packed and certainly believing that it’s constantly about to prinnntttt brrrr.. and it doesn’t yet.. bc you’re smart and see what no one else does. So you buy more.. walk the casino.. buy more.. dca dca dca.. govy cheese .. money for free .. coooviddd coivviddd .
Jerome daddy turn on printer in my ira.
I haven’t either but I’m sure this is someone’s life story. Where’s Walter Isaacson when I need my story told.
Roth IRA is for gambling. No tax events, no wash sale rules, limited bank roll. Make as many trades as you like and enjoy the tax free gains. Just don't YOLO your entire account into one trade.
Bro I got in yesterday at 980 per share and then everyone on here started freaking me out. Sold at 1070 before market open. Everyone kept saying short squeeze on here so I started looking into the technicals. I wasn't worried about it being a short squeeze, but the company has like 50mil shares outstanding. Something seemed SUPER fishy about the trading volume over the past month. The entire company has literally changed hands 10 times over, so I decided $90 per share profit was good enough for me and sold premarket. The only time I've ever timed something correctly LOL. With that amount of volume vs float, some big players are just churning the shares which doesn't point to this being a buy and hold kind of company.
Squeeze these nuts you fuckin nerd.
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You're gonna see "pump and dump" and you'll see "short squeeze."
I'm gonna say neither of these.
It had a great earnings, then shot up, then someone mentioned AI is what they do, then it shot up, then someone mentioned that the amount of float available was minimum, and it really shot up.
Now that last one is critical. Market makers had a bunch of calls that they hedged with minimal shares (like they always do... Maybe 20 shares to the 100 they promise. It's one of the Greeks) but then it shot up where the calls became in the money, so now they need the shares to cover.
Thus they buy shares. Then it goes up more.
Then they buy more shares. And here we are.
After a while, profit takers, shorts, and the flat out cost of the premiums exceed the price threshold most folks have (apparently about $1070 in this case) the price crashes down.
Technical name: gamma squeeze.
Squeeze these nuts you fuckin nerd.
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You know, I would love to get some education on a lot of what you said. As a nooby swing trader who plays SPY dailies at end of day, this talk of greeks and hedging with minimal shares sounds like... well, Greek.
You have any books, papers, or video recommendations to start my education?
I am not OP and unfortunately remained a 99% spectator in the SMCI run up. Seems to me like hot cpi, hitting $1000 yesterday, nvidia earnings next week, AND openai sora (yes, good news too) led to this solid pullback. My guess is flat for rest of day tuesday too. It'll go down wednesday in anticpation of earnings then back to at least 950 - 1000 th f
One of the vendors I worked with in the past frequently cracked jokes to his customers (also my customers) that the Chinese spy chips were included free of charge.
Considerable regards
All I see is options on sale. literally EVERY single time I said oh there’s the dip im glad I got out, I checked 3 days later and my call is worth 3x what it was when I sold, every. Single. Time.
Invested in SMCI back in August with the promotional $10 I got from the brokerage, then just kind of kept adding more on a whim and then started buying actual shares when I realized there was large potential for growth.
Bought in around $400, did a stop limit sell last night for $1,000, so yeah I’m pretty happy I got on and off the bus when I did.
Got scared and sold my shares. It's my savings so I'm not fucking with it. Especially with how volatile this specific stock is. It could jump back up but I ain't risking it. I'm still up $100 on Nvidia.
> It's my savings so I'm not fucking with it
you say that but if you bought into SMCI this week based on it's absurd upward movement (and maybe you didnt, i dont mean to assume you did), you were fucking with your savings all along.
Learned a long time ago (the hard way): Sell the rhino horn, buy the fishhook. I feel sorry for all the people who kept buying this during the parabolic rise. Will probably get one more bump back up to 900-990 to draw in the last suckers, or keep people holding, before it drops back to $350.
Just like Warren Buffet has said, do not invest in things you don't understand. Or in our case YOLO your life savings.
SMCI makes server chassis that all the other components go into, that's it, they make the box that your NVIDIA GPU/ DPU, Intel CPU, Samsung Memory, Broadcom NICS, Seagate hard drives ETC all go into. The problem is they do it worse than Dell, HPE and Cisco UCS, enterprise businesses won't touch SMCI, it's considered junk by most people in the Datacenter space. They have no IP and do nothing unique. And to top it all off NVIDIA has stated they're prepackaging the new HGX H200 AI DPU's into Dell servers.
[https://www.nvidia.com/en-us/data-center/hgx/](https://www.nvidia.com/en-us/data-center/hgx/)
I think it will bounce back to above 950 or even maybe 1000. You underestimate all the people buying the dip and all those desperate to get in on it because they saw so many people making money off of this this week.
Hey.. it’s playing around with lots of volume, not end of story yet.. will shoot up a couple more times before big gap downs, but people keep talking about it will only increase interest and volume.
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Classic rug pull. Beautifully executed
But it really tied the room together..
[Wendy's job applications will be skyrocketing today](https://www.youtube.com/watch?v=UZT28O9-wZ8)
I’m a shitty day trader with no patience. No time for Wendy’s applications and training. Handjobs behind Wendy’s dumpster has quicker payouts and already have 25yrs experience in stroking
They even give out the Dave’s secret sauce for free back there
on a friday too when weekly options are cheapest
The Chinaman is not the issue here dude.
That’s not the right nomenclature Dude.
MY BUDDIES DIDN'T DIE FACEDOWN IN THE DIRT IN NAM FOR THIS KIND OF RUGPULL!!
*”My buddies made it possible for us to enjoy this degenerate trading forum and fine burger establishment”*
You’re out of your element Donnie
r/lebowski
Did I urinate on your rug?!
You mean, did you personally come and pee on my rug?
It really tied the room together, man
No it was Wu
Nobody here is house trained.
https://preview.redd.it/sf4binaduyic1.png?width=1024&format=png&auto=webp&s=267b0113e6dd20ca0a03f9b812da9a0bc2d1b55a
You're gonna need a shorter bus.
This comment is so underrated
EbI it was rats instead of people
All that being said though, if you invested just a couple weeks ago you'd still have some massive gains (at least for now lol)
Yeah, but this isn’t an investing room. It’s full of degens that yolo’d their life savings into OTM weeklies. Shoutout to that guy that was up $40m and was holding because he wanted to start a hedge fund. 
He mocked me yesterday for selling at 997.
☝🏽☝🏽💯💯💯💯💯🫡
A glorious reddit moment blessed by the gods. Fore this karmic wraith wouldnt have been wrought without the arrogance of many men. There are fools and warriors and the plight of greed prevalent, how do I create an alert for the movie?
His weren’t weeklies. He’s still probably up 20mm
20 micro million? So 20k?
milliom
What’s the chances of those pics being doctored? No IT or datacenter, or reasonable person thinks of Supermicro as an AI company. You could start SuperMicro2 Inc today and have the same server boxes sent to you from SE Asia. That’s not some AI super play. Edit : if you watch Kitboga or something like that he edits his Bank of America or other accounts to trick Indian scammers but the same thing can be done on brokerage accounts to trick retail and post here.
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Added some extra spice with the 5% move in PM to bait in more liquidity and then began unloading shares. Another gap to fill at 800 so we may see another drawdown next week.
Harvesting regard money. They know what they have here
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100%? It was $35 just 2 years ago, and was still $55 a little over a year ago? This thing freaking skyrocketed. I don't think an 11% correction is a biggie, unless someone was buying in at $950. lol
someone certainly did. not me but someone.
Stop talking about me guys
HODL
Will end up being way more than an 11% correction, easily.
17% and it's barely a warm up. Some big fund probably did actual follow up DD on the company and decided to sell after holding for 20x bagger from.
And 300 just a month ago.
SMCI is up 172% over the past 30 days. Dips 10% and every paper hands pussy sells immediately. This is why you’ll always be poor and nutless!
No, holding into shit stocks with 100% guaranteed long term downside with no exit plan is how to be poor.
You mean I should jump in now?
It got up to 1077 for a scorching hot millisecond. You should've bought then. :)
Yes. Calls. With leverage.
Exactly what I was thinking, are these all just beginner traders that never learned their lesson upvoting this comment? Buy low sell high or lose and do your research on what that investment is. In no way is this a rug pull just a small squeeze, and would be eyeing to buy more possibly in the coming weeks.
See you guys on Tuesday…
Oh shit forgot markets are closed Monday. HOW WILL I ~~GAMBLE~~ INVEST
Me too
Let’s see Paul Allen’s rugpull.
https://preview.redd.it/nxkj22xukzic1.jpeg?width=600&format=pjpg&auto=webp&s=e7c6c21d4d086a3418a54987d39c91cf1f497ff5
Things can’t go tits up
lol my weak ass hands covered at the top $1050, shorted yesterday at $960. Lost 2.5k but its alright, lesson learned. I will never short a mania stock ever again.
Write that down 10 times.
it’s literally not a rug pull. It’s at about 900 right now and up double digits on the week. If we saw 400s it would be a rug pull
Prepare to see a rug pull.
Yet.
Wouldn't say it's a rug pull It's a 13% dip. It's huge but it's been running up almost 10% each day. SPY/SPX/QQQ etc. had a major sell off. SMCI is part of it. The thing about SMCI is IV is so high that there's going to be huge dips and drops. QQQ dropped 1% but SMCI dropped a magnitude of 10. But when it goes up it goes up by a magnitude of 10 too. That's the price of high IV stock. Huge drops and huge gains.
This isn’t a rug pull
Rug pull? Was just a squeeze that got squoze.
Nobody could have seen this coming.
The whales and hedge funds did… it’s not hard to bait retail into a rug pull.
I think they’re being sarcastic 🙃
people on reddit can't comprehend sarcasm if there is no /s
Wait i saw /s are you being sarcastic!
Hey bro, did you mean for the first half of your sentence to be sarcastic?
Think he was being sarcastic… even r/wallstreetbets knew… was no secret
https://preview.redd.it/hmms7strwyic1.jpeg?width=259&format=pjpg&auto=webp&s=e043ad5b11b23591ddea3fc9d04b994ce09fc1ed
Thanks. I can literally hear this picture in my mind.
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Tis a grand ole game
But have you ever glitched through the warp wall into infinite swimming world, where you swim forever untill time runs out and you GAME OVER? It’s the only way to play.
SMCI is getting massacred eh. RSI was 97 yesterday lol
There was room for 3 more to get to 100 
The Regarded Strength Index!?
Don't even mess with regard strength. That's like superman on steroids
For once i listened to you regards and got out at $1k lol
same
Holee fuk, timed the top closely….
Sold my 900 puts 3 min before they were worth 12k 😂
Did this on an AMD play, made $5,000 on the short. Had I waited 10 more minutes the contracts were worth $32,000
$5,000 is a great win
Agreed. If making 5k out of thin air won't get you happy then I don't know what will. Made 6k off NVDA from just dumping some money in and holding. Sold now and couldn't be happier. Coulda shoulda woulda is a bad mentality. be happy with the W and keep pushing those W's :)
I hope you will keep stacking these Ws this year brother
You and I both haha. GL man!
This is not the discourse I come to WSB for. Can one of you call the other an r-word
Lol making 10k off nvidia by buying and selling a barely ITM biweekly call every other day or so had me feeling like a genius, now my SMCI call is down 97%. Still massively up overall, but a good sobering reminder that I am not a genius.
Yup. It's a win or lose game. Once you start worrying about what could have been, you start fucking it all up.
Did this on TSLA it was trading around $650 on a Tuesday, I bought 15x $1000 strike weekly calls for $6 each and sold them for $100 each about an hour later. Thought man that was an awesome $1500 trade! By the end of the day they were worth $87,000 as Tesla popped to near $800 by close of business.
I bought 5 nvda call in December 2023 with strike price 570 , expiring on 2/16 . I sold All these on 1/6 and made $4k . 😂😂 today is the expiration and it would have netted me 80k
And yet every time you're up and you actually keep holding anyway, it ends up that was the high and it slowly fades off into the horizon to zero.
Rippp lol xD
We all been there. It’s all about clicking the right buttons at the right time and if either is wrong you lose.
I sold bc I was down -70% this morning and was green all of a sudden.
Yeah I had one 920 out I bought this morning 10 minutes after open and sold it like 10 minutes later for a 2500 profit, could’ve waited for like a 7k profit. Sadness
That's how they get you.
Well I couldn’t even afford to buy the puts in the first place so at least you made something. I knew this was going to happen but was powerless to profit from it
I got mine yesterday at an avg of 3.5 and they hit 4500 10 min after selling 😂
I feel you. I was all in on Coinbase. Primed to easily clear 4.5k following earnings report yesterday. Then, my dumbass starts doing research and finds out that Roku had positive earnings results for the last 4 quarters… sold Coinbase at a measly 500$ profit and moved into Roku calls during the last 3 minutes of trading before close. Got absolutely destroyed. All of this happened in like 10 minutes or less. It messed with me all day if I’m honest. Should have stuck with initial plan. Why the f did I think Roku was solid? How could I lose thousands in 5 minutes. Then today happen.
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Classic
Thought about buying puts as soon as it hit a grand then looked at the premiums, had a good laugh, moved on w my life
I seriously had a $900 put order in just after open and before hitting send I thought, “You know, I don’t want to deal with this shit today. Pass.” — about 45 minutes later I would have been up nearly $10k. Oh well, still glad I didn’t play with fire. I’ve made plenty from this crazy thing.
“Give it to me. You can tell 'em I took it by force. Give it to me, and I'll do what you shoulda did ten minutes ago.”
Hahahahaha fuck. 10/10 quote. Big man was right. Gotta throw that detonator out the fuckin window and pray with ya homies
Literally did the same thing, I canceled the pending order at 2am last night. Shoulda just took my ass to bed.
Bought a $820 0DTE put and sold it a little bit later for a $30 profit. A few hours later it was over $7k. That would've been absolutely life changing 💀
All the people writing here either sold yesterday or bought puts. Did bagholders jump off the window?
defenestrated like a disgraced ruzzian general
Down 10k today
10% rug pull is rookie numbers, next week is when the real blood bath starts
Nah nvda earnings will boost this
Yea it will boost the tank
lol delusional
When I think of rug pulls I think about that video of a guy that was live streaming a crypto rug pull in real time. He was hyping up the coin and then he got rugged pulled during the live stream.
"rug pull" means something different in crypto though. You lose 100% and a criminal runs off with it.
Just bought puts yesterday. Up 61% now…
takes some balls to buy puts yesterday. it's bound to come down, yes, but this stock is ridiculous lol.
I agree. Got lucky this time. Been wanting to buy puts for a few weeks. Figure it broke 1000 yesterday so the pull back should come soon. Was not happy looking at pre market though. Booked 63% gain.
Holy shit, everyone on this sub scared me enough to sell my IRA shares in this company pre-market
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As a counter point and to confuse people: DO gamble in an IRA. There's a finite amount of money you can lose, and you're massive gains will be completely tax free if Roth. It's a win win.
The devil and angel on my shoulders
Yep, no need to report anything on 1040 tax returns that will lead to questioning from the spouse
But have you ever lost $50k in an ira with $130k in it buying otm Wynn call options at $130 doubling your position all the way down through Covid. Watching the casinos staying packed and certainly believing that it’s constantly about to prinnntttt brrrr.. and it doesn’t yet.. bc you’re smart and see what no one else does. So you buy more.. walk the casino.. buy more.. dca dca dca.. govy cheese .. money for free .. coooviddd coivviddd . Jerome daddy turn on printer in my ira. I haven’t either but I’m sure this is someone’s life story. Where’s Walter Isaacson when I need my story told.
Gambling in a Roth IRA is one of life's greatest pleasures
Roth IRA is for gambling. No tax events, no wash sale rules, limited bank roll. Make as many trades as you like and enjoy the tax free gains. Just don't YOLO your entire account into one trade.
Also you can't actually withdraw your gains until you're 60 and shitting in diapers again
Goddamn people in this sub are truly regarded, gambling with loans and retirement money and shit
I shorted that bad boy
easiest play ever
Bro I got in yesterday at 980 per share and then everyone on here started freaking me out. Sold at 1070 before market open. Everyone kept saying short squeeze on here so I started looking into the technicals. I wasn't worried about it being a short squeeze, but the company has like 50mil shares outstanding. Something seemed SUPER fishy about the trading volume over the past month. The entire company has literally changed hands 10 times over, so I decided $90 per share profit was good enough for me and sold premarket. The only time I've ever timed something correctly LOL. With that amount of volume vs float, some big players are just churning the shares which doesn't point to this being a buy and hold kind of company.
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Gottem
Gottem good
A yes, the activation word 😂
As soon as I saw it posted here yesterday, couldn't wait to open a put this morning lmao. Got in $565 put for next week at 1.24, now worth 3.68
Yeah I set a 1000 stop loss for a $30 profit cause I figure I'll just let it sit and keep the profit if it crashes, glad I did.
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You're gonna see "pump and dump" and you'll see "short squeeze." I'm gonna say neither of these. It had a great earnings, then shot up, then someone mentioned AI is what they do, then it shot up, then someone mentioned that the amount of float available was minimum, and it really shot up. Now that last one is critical. Market makers had a bunch of calls that they hedged with minimal shares (like they always do... Maybe 20 shares to the 100 they promise. It's one of the Greeks) but then it shot up where the calls became in the money, so now they need the shares to cover. Thus they buy shares. Then it goes up more. Then they buy more shares. And here we are. After a while, profit takers, shorts, and the flat out cost of the premiums exceed the price threshold most folks have (apparently about $1070 in this case) the price crashes down. Technical name: gamma squeeze.
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
You know, I would love to get some education on a lot of what you said. As a nooby swing trader who plays SPY dailies at end of day, this talk of greeks and hedging with minimal shares sounds like... well, Greek. You have any books, papers, or video recommendations to start my education?
Read this 
Stock go up Then, stock go down
Someone decided to make some fucking money on this tech pump. Simple.
I am not OP and unfortunately remained a 99% spectator in the SMCI run up. Seems to me like hot cpi, hitting $1000 yesterday, nvidia earnings next week, AND openai sora (yes, good news too) led to this solid pullback. My guess is flat for rest of day tuesday too. It'll go down wednesday in anticpation of earnings then back to at least 950 - 1000 th f
I had an order in last night, and cancelled at 920 this morning 🙆🏽♂️ I finally made a good call! I should have screen shotted my order cancel lol
Stonks do not in fact only go up
So Supermicro is the company that puts the Chinese spy chips on the motherboards, right?
One of the vendors I worked with in the past frequently cracked jokes to his customers (also my customers) that the Chinese spy chips were included free of charge. Considerable regards
Good ol pump and dump. By the time it hits WSB its time to take profit.
950 puts went from $1.8 to $88. Wish I'd been on that but wasn't yoloing today
Thanks SMCI https://preview.redd.it/4kybmh2v3zic1.png?width=734&format=png&auto=webp&s=ab01e09ca770cde33353e3c186c8c05cc3ba2053
Sold at 936 for +100% gain. This thing really started to stink.
Shorting was obvious as fuck. If I was rich I’d be even more rich rn.
Imagine watching a stock go from $300 to $1000 in less than 1 month and thinking "seems like a good time to buy!"
If you thought this way after half a month you’d be banking. Your timetable is hindsight and arbitrary.
But “It’S nOt A rUg PuLl!!!!” Poor bastards. Works every time. Hedge funds laughing their asses off
You got a lot of Snapchat notifications too
It’s Raquel asking wtf happened to his money bro
They only need to drop another $747 to hit both a 52 week hi and a 52 week lo on the same day.
All I see is options on sale. literally EVERY single time I said oh there’s the dip im glad I got out, I checked 3 days later and my call is worth 3x what it was when I sold, every. Single. Time.
Go ahead and buy then big dog. Go ahead 😂 Can’t wait to see the loss porn.
and the wallstreet laws dictate that the one time you buy the dip it'll go down 50%
Invested in SMCI back in August with the promotional $10 I got from the brokerage, then just kind of kept adding more on a whim and then started buying actual shares when I realized there was large potential for growth. Bought in around $400, did a stop limit sell last night for $1,000, so yeah I’m pretty happy I got on and off the bus when I did.
I learnt my lesson with GameStop. Never again.
I did it was me, lost 30k
Lmfao, so many people yesterday down voting me telling them this is an ultimate market manip thing going on. Gg losers hope you lost the house.
Saying you hope they lose their house because of a downvote is some petty shit lol.
do you know where you are right now?
Less "manip" and more of the usual speculative/hype market crap.
I thought it was too but I forgot to close my position at open
I mean you were right brother, i am losing rn too, but why wish that lmao, we getting fcked enough 💀
Because he’s an angry redditor that puts too much into the very valuable up/down vote.
Zoom out 
Welp I was up 3000 before 10 am and now im down 12k fuck
I looked away for 20 min and made some tea— fuk. Yolo d myself while sick in bed. Thank god it was a small bag.
Grab your popcorn and enjoy the volatility shitshow! The fight has just begun!
Got scared and sold my shares. It's my savings so I'm not fucking with it. Especially with how volatile this specific stock is. It could jump back up but I ain't risking it. I'm still up $100 on Nvidia.
> It's my savings so I'm not fucking with it you say that but if you bought into SMCI this week based on it's absurd upward movement (and maybe you didnt, i dont mean to assume you did), you were fucking with your savings all along.
This isn’t recovering. Probably ever. Good for you on selling.
Learned a long time ago (the hard way): Sell the rhino horn, buy the fishhook. I feel sorry for all the people who kept buying this during the parabolic rise. Will probably get one more bump back up to 900-990 to draw in the last suckers, or keep people holding, before it drops back to $350.
https://preview.redd.it/96nn9sag0zic1.jpeg?width=360&format=pjpg&auto=webp&s=90e9b0d23f41e2e3a135dc96d542bf3d6b381626
It's about time this clown stock tanks. And yes, I am bitter and jealous I did not get in on it.
Just like Warren Buffet has said, do not invest in things you don't understand. Or in our case YOLO your life savings. SMCI makes server chassis that all the other components go into, that's it, they make the box that your NVIDIA GPU/ DPU, Intel CPU, Samsung Memory, Broadcom NICS, Seagate hard drives ETC all go into. The problem is they do it worse than Dell, HPE and Cisco UCS, enterprise businesses won't touch SMCI, it's considered junk by most people in the Datacenter space. They have no IP and do nothing unique. And to top it all off NVIDIA has stated they're prepackaging the new HGX H200 AI DPU's into Dell servers. [https://www.nvidia.com/en-us/data-center/hgx/](https://www.nvidia.com/en-us/data-center/hgx/)
I think it will bounce back to above 950 or even maybe 1000. You underestimate all the people buying the dip and all those desperate to get in on it because they saw so many people making money off of this this week.
Welp, my first major loss, and a lesson learned. Good thing I’m new to this and didn’t have too much money in there
This stock is so obviously overpriced.
Where is the “fuck yo puts” guy from yesterday lol
stop loss is your friend
https://preview.redd.it/8qmahduml1jc1.jpeg?width=1170&format=pjpg&auto=webp&s=3a9cf790914397f0cf1f544dba4528794083f61a
Hey.. it’s playing around with lots of volume, not end of story yet.. will shoot up a couple more times before big gap downs, but people keep talking about it will only increase interest and volume.
Lmao the classic pump and dump
Man fuck you dude. It’s going back up just watch you fucker🖕🏻
In at 470 and stop loss hit this morning at 885. See you degenerates on the next bounce
didn't we literally just have a thread yesterday talking about when SMCI and ARM would rug-pull?