SiongZ
11-01

$SUPER MICRO COMPUTER INC(SMCI)$ If you want to play the upside, the best bet right now is for the earnings/business update on 11/5. I suspect the company will report good numbers but future guidance could take a hit from the issues surrounding the company right now. Furthermore, if they are able to announce the retention of a new auditor (which I suspect will be done by Monday) this will stabilize the stock.

If the CEO steps down, that should also be a boost. I intend to play the potential upside from the Call with options. Good results and progress from resolving these internal controls/governance issues will cause a quick jump in price. Not investment advice, just my opinion

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Comments

  • namngvn
    11-01
    namngvn
    CEO should step down to gain trust from investors
  • xxSkyxx
    11-01
    xxSkyxx

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