SMCI -20%: Will You Short Like Hindenburg?
The stock price of Super Micro Computer dropped 26% this week.
Hindenburg released a short-seller report. After a three-month investigation, Hindenburg accused the AI company of accounting manipulation, undisclosed related-party transactions, export ban violations, and customer loss, among other issues.
Yesterday, SMCI announced to postpone the earnings release.
-----------
Will you go short or long on SMCI?
Is the report by Hindenburg reliable?
What's your target price?