SMCI Stock $80,000 short setup

#smcistock
Show notes: thtcommunity.com/smci-stock-d...
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[@blakeaaron5698]

Odds of hitting 700s by Friday? Depend on Powell sentiments?

[@JoshA0669]

Very low.

[@DaBooster]

How about NVDA?

[@Ikamcmorris]

I am red $10k Short nvda.
Still bag Lady

[@TradersHelpingTraders]

I am not planning on shorting it anytime soon

[@Duongdaipham]

This is a bad set up for short and long. It seem like a distribution channel. Could go a little bit higher or go little bit lower. Last time I heard ai bubble isn’t crashing yet.

[@stuart8219]

I just put in 740k short on it buddy.. good move the stock is way over bought

[@buddhavaro]

looks like you got this one wrong

[@mrbluesplodge3740]

Damn it tapped his stop loss

[@MARKXHWANG]

see ya in haven

[@sns1804]

It might help if you spent more time understanding the SMCI company and less time on momentum-driven stock price patterns.

[@jarofasheesh]

and what about SMCI the company justifies current stock price? How long before DELL, Lenovo, and the many other competitors take market share? Do you really think water cooling is a differentiator?

[@jarofasheesh]

pe ratio at 90... lol

[@jimyry3707]

LOL this aged reallt well 😂😂

[@TradersHelpingTraders]

Some age like 🍷
Other like 🥛
🥛 to 🍷 ratio is 72% 🍷👌🏻

[@bcode0]

Personally I think this is gonna fall into the S&P 500 . then when its in its gonna just go sideways for a while. Its current price is way to high, insiders are selling , they have offerings going out. A good bit of news to make it go down.

[@hamiariai]

I shorted it and lost $7,000; my position moved from $933 to $1110, triggering my stop loss. It took a negative turn. This stock is a pump and dump; be very careful, guys.

[@tailslapguru]

Wow, it’s so volatile. What was your expiration date on your put?

[@Ikamcmorris]

You are not alone. Me too

[@hamiariai]

@@tailslapguru it wasn't an option. It was a straight up short.

[@JamesAnderson-lq8tf]

Why not play the roulette wheel in Vegas betting on red or green. You can double or lose all your money in a few seconds. A lot easier than betting on SCMI.

[@tailslapguru]

@@hamiariai I lost 14k on meta last year, so they should make you feel better lol

[@jimyry3707]

Next video bro is gonna say “i closed it with no loss”

[@TradersHelpingTraders]

Hell nah man. Losing is part of the game. Down about $10k now and by the time I’m out in the morning I’m assuming $13k but let’s see what happens
You can track the whole trade here ⬇️
thtcommunity.com/smci-stock-drops-6-%f0%9f%94%a5/
I’ve been doing this for nine years and to think that losing is a part of the game is ridiculous. I would never try to sit here and pretend that I’m always right. 🤝