$SMCI $7 billion is authorized to be raised. Only $5 billion is coming right now via the 45.5 million shares offering closing tomorrow along with the depository notes being offered closing on June 15th. The remaining $2 billion to be raised is an ATM offering which isn’t even guaranteed to happen, just an option if they need it AND can’t be offered until Q3. Really all we have is a 45.5 common share dilution which really doesn’t change much. Do your homework folks.
$BB Up for the month, down for the week. Seems like some profit taking but $QQQ and $SPY losing momentum as well as other AI plays. Tomorrow we shall see!
Been raving about short squeeze potential for $LFVN
Fundamentals are there, high CTB, 40% short interest, 0 shares available to borrow. CURRENTLY UP 27%