Totally disagree.

You could have used "very high risk" or "uninvestible". But bear in mind, the CURRENT price accounts for the inherent risk NOW. This is a regulated stock market not a casino. Options must be gambling too?

Justice department investigation. It will at most end with a fine and settlement. And it will be good news.

Delisting from Nasdaq? Any news attributing the drop in share price after SMCI filed it's compliance plan is inaccurate. Nasdaq should approve the plan if it displayed a pathway to compliance. SMCI would be given 180 days to comply. So, we can discuss delisting possibility but in the final 45 days

BDO is not a Big 4 firm. Not the same league. Big 4 firms are premier but it is myopic to only highlight BDO's past infractions without mentioning the many Big 4's infractions. Big 4 firms do have better reputation and SMCI would switch to one in the future. Nonetheless, management had drawn its defense lines.

1. No fraud.

2. Likely no restatement of financial reports.

They will subject themselves to lawsuits if found. to be untruthful. The convertible bond holders could rescind and that would be disastrous. And it is precisely that the 2 declarations reduced the fear of the rescission of the convertible bond holders.

I expect the next few quarters to show low, subdued double digit revenue I personally feel that past overly aggressive accounting led to a downward revision of the next quarter's revenue along with the loss of revenue to Dell etc

Will write more in a more comprehensive note I will publish.