Intuitive Code names SMCI 'Bear of the Year 2024,' predicting its crash. Try free Quantum AI Trading insights here
Intuitive Code has once again proven its ability to read the market with pinpoint accuracy, naming Super Micro Computer, Inc. (SMCI) as the ‘Bear of the Year 2024.’ This bold call by Intuitive Code’s Alex Vieira underscores the value of clear-sighted analysis in today’s unpredictable markets, particularly when paired with his unique insights into the risks underlying certain stocks.
Having initially anticipated SMCI’s impressive run-up to a high of $1,089 per share—and later even reaching $1,156—Intuitive Code’s team recognized early signs of trouble ahead for the AI hardware company. Vieira then took an assertive stance, recommending a short sale on SMCI, a move that proved prescient as the stock plunged 17% in after-hours trading following its latest earnings report. Vieira has openly voiced his concerns over SMCI, warning investors that he considers the company’s activities as suspect, which has now led to its steep price drop.
A crucial factor in identifying SMCI’s vulnerability was Intuitive Code’s Smart Fraud Detection tool. This powerful feature allowed Vieira and his team to detect patterns in SMCI’s reporting that raised red flags, helping them make informed decisions well ahead of the recent downturn. This tool, specifically designed to identify signs of financial misrepresentation, has proven indispensable for investors aiming to protect their portfolios. You can explore more about this groundbreaking tool here.
The accuracy of Intuitive Code’s insights has been lauded by investors worldwide, with hundreds of positive reviews underscoring its impact. Notably, one investor, Ethan Tan, shared his success story: “Quantum AI analysis made me $11M in MicroStrategy, Meta, Nvidia, and SMCI.”
For readers interested in seeing the strategy in action, a video featuring Alex Vieira selling short SMCI will be included in this article. This real-time insight into his decision-making process offers a unique perspective on how Intuitive Code’s strategies come to life, giving investors a front-row seat to the analysis that drives these calls.
Did you know that Intuitive Code AI Analyst reported MASSIVE FRAUD by SMCI, while Wall Street raised price targets to $1,600.
In a time when markets are more challenging than ever to navigate, Intuitive Code continues to stand out as a reliable source for professional, data-driven insights—backed by an unwavering commitment to transparency and accuracy.
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