I didn’t even know SMCI existed until a couple of weeks ago. I tried my hand at puts on it and lost both times, so I wrote it off as toxic. Well, too bad, because SMCI is getting nuked big-time after hours!
Upstart is also getting zapped. This is the company with the famous CNBC clip in which one of their respected analysts had zero clue what he was talking about and looked like a complete bozo.
All I can say is that the market has become fun again.
