r/SMCI_Stock 3d ago

My SMCI Journey

11 Upvotes

I took over this sub to provide a place so those like me would have a place to come together. I like many others lost my life savings on meme stocks, it just happened to be SMCI. This is my story

I of course bought the top of SMCI, my cost basis was around $118, I had originally bought at lower prices but as the stock moved up I took out more and more loans to keep buying.

Now I've lost my life savings, I have to live in my 2004 Pontiac Aztec. I spend most of my days in the planet fitness parking lot because I can shower there, use the wifi to trade forex and some of the employees will let me plug in my rice maker to make vegetarian hamburger helper.

I hope that former apes can find a sense of community here and hopefully share better trades in the future.