$SUPER MICRO COMPUTER INC(SMCI

$SUPER MICRO COMPUTER INC(SMCI)$ DOA! I fail to see how a new auditor will turn around months of anti-stratospheric declines. The AUDITOR?!? The mob everybody is indirectly throwing money at with absolute confidence they can unpack SMCI's labyrinthine accounts and steer them back to the path of righteousness? What no auditor before them could. Honestly, the amount of dumb money rolling around the xchanges disgusts me considering billions of people we share the planet with can barely earn enough to eat.

SMCI Drops After NDX Removal: Can It Recover?

SMCI drops 8% after its removal from NDX. ------------------ Can it recover or head down under $30? What's your target price for SMCI?

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Comments

Sr1000
11-19
Sr1000
What you’re not figuring, is that to get money out of shorts then shares need to be bought back. So regardless of whether this is a recovery or not, was always going to be a bounce for the shorts to be exited.

Also accounting problems doesn’t automatically mean the company is doomed.

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