$SUPER MICRO COMPUTER INC(SMCI)$ SHORT SQUEEZE time! Hindenburg is just another glorified short seller masquerading as a "research" company. They use their "research" to trigger fear and profit in millions from shareholders. SQUEEZE them out! [Cool] [Anger] [Anger] [Anger] [Cool] [Miser]
Basically their allegations is based on past offenses that have already happened, and the returned staff was one of the cofounders. It is not surprising for cofounder to return.
Most of their report were complaints from disgruntled ex-employees, with nothing material or anything substantial for them to make a law suit.
If SMCI indeed has accounting frauds issues right now (not in the past), it is only right for them to produce material evidences for SEC to further investigate.
Same as Block Report, most of the report is just hearsay and nothing criminal. A lot of subjective perspectives like how SMCI should present their figures and disclose each and every investments they made. And digging at SMCI for providing OEM without disclosing. That's just perspective not criminal activities. They are just creating fears to make money for themselves.
And the timing? hit SMCI when it is down and before stock split? Despicable [Speechless]
Modify on 2024-08-28 13:36
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Changjieming·08-28Exactly. They pulled the same crap with the Indian adani group2Report
- glitzii·08-28Awesome defense1Report