According to The Kobeissi Letter, Super Micro Computer stock ($SMCI) dropped nearly 20% following the release of weak preliminary financials on April 29, 2025. The sharp decline indicates heightened bearish sentiment and increased volatility for $SMCI, suggesting potential for further downside or short-term trading opportunities. Traders should monitor volume spikes and support levels, as well as upcoming official earnings releases for confirmation of the company's financial trajectory (source: @KobeissiLetter on Twitter).