With the auditor's resignation

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6et1
10-31

With the auditor's resignation and ongoing investigations by the Department of Justice, it's hard to see a bottom in sight for SMCI's stock price. The stock has already plunged nearly 30% following the news, and as more information comes to light, investor confidence is likely to erode further. The company's history of financial mismanagement and the recent allegations suggest that the downward trend will continue, making it a risky bet for any investor.
Given the current situation, SMCI is not worth investing in. The company's financial troubles, coupled with the lack of transparency and accountability, make it a high-risk investment. Until there are significant changes in management and a clear plan to address the issues, it's best to steer clear of SMCI. Investors should look for companies with stronger governance and a more stable financial outlook.

# SMCI Continues to Decline: Heading for $10?

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This delay is due to the ongoing internal review and the recent resignation of the firm’s auditor. As a result, Super Micro is now at an increased risk of being delisted from the Nasdaq exchange.\n-----------\nIs SMCI now heading to $10 and then delist?\nWill SMCI delist? Exit ASAP or not?\nHow do you view the losing orders?","image":"https://community-static.tradeup.com/news/a148a6073f10171915f2a19b5b71b251"}],"images":[],"coverImages":[],"html":"<html><head></head><body>With the auditor's resignation and ongoing investigations by the Department of Justice, it's hard to see a bottom in sight for SMCI's stock price. The stock has already plunged nearly 30% following the news, and as more information comes to light, investor confidence is likely to erode further. The company's history of financial mismanagement and the recent allegations suggest that the downward trend will continue, making it a risky bet for any investor.\n<br>\nGiven the current situation, SMCI is not worth investing in. The company's financial troubles, coupled with the lack of transparency and accountability, make it a high-risk investment. Until there are significant changes in management and a clear plan to address the issues, it's best to steer clear of SMCI. Investors should look for companies with stronger governance and a more stable financial outlook.</body></html>","htmlText":"<html><head></head><body>With the auditor's resignation and ongoing investigations by the Department of Justice, it's hard to see a bottom in sight for SMCI's stock price. The stock has already plunged nearly 30% following the news, and as more information comes to light, investor confidence is likely to erode further. The company's history of financial mismanagement and the recent allegations suggest that the downward trend will continue, making it a risky bet for any investor.\n<br>\nGiven the current situation, SMCI is not worth investing in. The company's financial troubles, coupled with the lack of transparency and accountability, make it a high-risk investment. Until there are significant changes in management and a clear plan to address the issues, it's best to steer clear of SMCI. Investors should look for companies with stronger governance and a more stable financial outlook.</body></html>","text":"With the auditor's resignation and ongoing investigations by the Department of Justice, it's hard to see a bottom in sight for SMCI's stock price. The stock has already plunged nearly 30% following the news, and as more information comes to light, investor confidence is likely to erode further. The company's history of financial mismanagement and the recent allegations suggest that the downward trend will continue, making it a risky bet for any investor. Given the current situation, SMCI is not worth investing in. The company's financial troubles, coupled with the lack of transparency and accountability, make it a high-risk investment. Until there are significant changes in management and a clear plan to address the issues, it's best to steer clear of SMCI. 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