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duk3luk3 4 hours ago

> Super Micro Computer has its investors looking for exits with the recent self-inflicted wounds by the company, despite soaring sales.

> ...

> Shares of Super Micro were up as much as 5.4% on Tuesday.

Huh?

kube-system 4 hours ago | parent | next [-]

It might seem backwards at first glance but this is very common. There's a saying "buy the rumor, sell the news". The big market moves are made before the news is ever announced... Supermicro tanked a third of their value 11 days ago.

The people with billions of dollars in the market know what is happening with their portfolio companies before it is announced, they're not waiting around for newspaper to say something. Newspapers are for us nobodies at home. If you've got billions to play with, you can get your own high-quality primary sources of information that are better and faster.

nodesocket 3 hours ago | parent | prev [-]

Actually closed the day up 8.14%. (Disclosure I'm a shareholder and continuing to hold. Bought more when it was down 30% in a single day). These media storms almost always fade and assuming sales and profits continue will rebound. Not financial advice.