In light of recent events, SMCI’s ( $SUPER MICRO COMPUTER INC(SMCI)$ ) challenges run far deeper than the current price dip, and, in my view, reflect a pattern of unreliable management practices that should signal caution for any investor. The resignation of Ernst & Young as SMCI’s auditor is a red flag. Auditor resignations—especially in a financially complex, highly regulated sector like technology—are rarely a trivial issue. This news, coupled with prior reports from short-sellers on SMCI’s financial vulnerabilities, points to serious operational and regulatory deficiencies that, unfortunately, have been downplayed by the company’s management. Management Disarray and Regulatory Disregard: SMCI has shown a pattern of financial and operationa
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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