Super Micro Computer: Time And Patience Are Running Thin (Rating Downgrade)

Seeking Alpha11-01

SummarySuper Micro faces renewed concerns over its corporate governance framework as EY resigned as its auditor.The auditor highlighted that it was "unwilling to be associated with the financial ...

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Comments

  • SuperXmas
    11-01
    SuperXmas
    It is the job of an auditor to audit regardless of the company situation. It's hard to imagine an established auditor can choose to fire itself ahead of a professional audit job well done. It's like a doctor who chooses to treat patients with simple ailments or an insurer who chooses to not insure certain group of people but only super healthy ones, or a lawyer who refuses to represent someone who is less than perfect or  worst a judge who chooses not to uphold justice because it is going to be excruciating extremely complex case to rule. Ultimately, can an auditor walk away from it's duty by choosing a good company to audit and called that professional judgement? Has corporate professionalism deteriorated till it is hard to believe such a move
  • BK99
    11-01
    BK99
    This is the work of Villain Stock broking firms and investors trying to bring down the stock prices and later acquire it when it's rock bottom !
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