bumpy
10-22

$SUPER MICRO COMPUTER INC(SMCI)$

Super Micro Computer SMCI is up 9.2% after failing to file its Form 10-K. This is a company the SEC previously busted for accounting fraud, and they are back at it a second time. In 2020, stocks of companies that had filed for bankruptcy protection kept leaping higher because the Fed was printing money like there was no tomorrow. The Fed isn't printing now. Nor is there liquidity coming in from RRPs. So, what's driving this AI insanity? Just algos who can't parse a financial statement.

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