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?

avatarxc__
2024-11-17

SMCI Continues to Decline: Heading for $10?

Super Micro Computer, Inc. (SMCI) finds itself in turbulent waters as it faces significant uncertainty. The company’s delay in releasing its quarterly report for the period ending September 30, coupled with the resignation of its auditor, has amplified market concerns. These developments raise two critical questions for investors: Is SMCI on the path to delisting, and should shareholders exit now?[Cry] The Fallout from Delayed Reporting A delay in financial reporting often signals deeper issues within a company: Internal Review Concerns: SMCI’s decision to delay reporting indicates potential discrepancies or governance issues that demand scrutiny. Auditor Resignation: The abrupt departure of an auditing firm heightens fears of financial irregularities, further eroding investor confidence.
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SMCI Continues to Decline: Heading for $10?
avatarBullaroo
2024-10-30

SMCI’s Plunge – Why It’s Not Worth Bottom-Fishing

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
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SMCI’s Plunge – Why It’s Not Worth Bottom-Fishing
avatarMickey082024
2024-11-06

SMCI In The Blink Disappear From Nasdaq

$SUPER MICRO COMPUTER INC(SMCI)$ SMCI Earnings Miss Super Micro Computer (SMCI) recently reported its fiscal fourth-quarter earnings, and unfortunately, it missed analysts' expectations. Here are some key details: Earnings Per Share (EPS): SMCI reported non-GAAP EPS of $6.25, which missed the Zacks Consensus Estimate by 22.2%. Revenue: The company's revenue surged 143% year-over-year to $5.31 billion, slightly surpassing analysts' expectations. Stock Performance: Following the earnings report, SMCI's stock fell over 10% in after-hours trading. The stock is currently trading at $26.34, significantly below its 200-day simple moving average of $71.97. For company that already heavy pressure with fake accounting and now the earnings miss, SMCI is in d
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SMCI In The Blink Disappear From Nasdaq
avatarFinancial Freedom Fund
2024-12-09
SMCI announced that Nasdaq has accepted its compliance plan and extended its filing deadline to 25 February 2025. SMCI added that it should be able to comply with the extended deadline.  SMCI's share rose more than 9% in the morning. I would suggest to take profit on any gains today. The extension given was anticipated and should have been priced into the share price.  Any incremental gain in SMCI's share price should come from  1. Confirmation of non-reinstatement of financial reports (minor gain in share price). 2. Audited reports by BDO do not vary much from unaudited reports (minor gain in share prrice). 3. Future projection of revenue and gross margins (major gain/loss in share price). Ceteris paribus, for SMCI to regain its pre-PWC resignation share
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avatarKelvinKyaw
2024-12-02
$SUPER MICRO COMPUTER INC(SMCI)$   Super Micro Shares Surge After External Review Clears Company Super Micro Computer Inc., a leading provider of high-performance server and storage systems, saw its shares surge by 16% in premarket trading following positive news from an external review. A special committee of the company’s board, along with external counsel, conducted a thorough review of its business operations and found no evidence of wrongdoing. This announcement has boosted investor confidence and is a significant step toward stabilizing the company’s reputation and market position. The review’s outcome is particularly important given recent scrutiny surrounding corporate governance and financial transparency in the tech sector. By
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avatarky0123
2024-11-26
$SUPER MICRO COMPUTER INC(SMCI)$   $Yieldmax Smci Option Income Strategy Etf(SMCY)$  Supermicro, a leader in server technology, is showing promising signs of recovery and are looking brighter , much to the benefit of its investors. Recently, the company hired BDO, the fifth-largest public accounting firm, to serve as an independent auditor. This partnership bolsters Supermicro’s credibility and significantly improves the company’s ability to file its annual 10-K report promptly. Such an action would also reduce the likelihood of Supermicro being delisted from the Nasdaq, a concern that has been looming over the company. Supermicro’s ability to resolve accounting is
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avatarxc__
2024-12-03

🚀 SMCI Surges 30%: Will It Return to $50 This Week?

$SUPER MICRO COMPUTER INC(SMCI)$ Super Micro Computer, Inc. (Nasdaq: SMCI) soared over 34% on Monday after a special committee concluded there was “no evidence of misconduct”. The announcement of a new Chief Accounting Officer and plans to hire a new CFO further boosted investor confidence, fueling the rally. A comparison chart of SMCI with competitors to highlight its recent surge Clearing Uncertainty The investigation's clean slate may signal SMCI is out of the woods, easing investor concerns over corporate governance. With leadership transitions underway, will SMCI now regain market trust? Momentum to $50? SMCI has experienced a significant rebound, but is this rise sustainable? The combination of restored confidence and leadership restructurin
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🚀 SMCI Surges 30%: Will It Return to $50 This Week?
avatarMrzorro
2024-11-30
Options Market Statistics: SMCI Shares Tumble Nearly 7% on Black Friday; Options Pop $SUPER MICRO COMPUTER INC(SMCI)$   experienced a significant drop of nearly 7% on Black Friday, marking another volatile trading session for the server manufacturer. The most actively traded put options were those with a $30 strike price, set to expire on November 29. The total trading volume for these contracts reached 31,360, while the open interest stood at 36,231. As it strives to avoid delisting from the Nasdaq due to delayed financial filings, its stock has become a favored target for day traders. The company's shares have exhibited extreme fluctuations, joining an exclusive group of stocks that have alternated betwee
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avatarJRM1021
2024-12-18
$SUPER MICRO COMPUTER INC(SMCI)$  Dell was previously delisted from the Stock Market back in 2013. Not concerned with SMCI removed from NASDAQ, it doesn't mean gameover. Based off the previous month's short interest VS the current month's, we can conclude that the stock does have a more bearish sentiment in the market. With that in mind, the short ratio is only 0.81% So I'm picking up more stocks and waiting for the next earnings date, which should be somwhere around 27th Jan 2025. I've performed a DCF (Discounted Cash Flow) Analysis, based on my analysis the intrinsic value of the stock is $55.40 per share. With prices currently around the 30-35 range and me being a long investor of the stock, I personally will be b
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avatarMickey082024
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$ has seen a significant surge, with its stock rising by over 30% recently due to strong demand for AI servers. The company's solid financial performance, especially the rise in sales from AI-related hardware, is driving investor optimism. However, there are some regulatory concerns, including an investigation into its business practices, which could impact the stock's stability. Despite these concerns, analysts remain largely positive, with some projecting a price target of up to $66 over the next year. Whether SMCI can return to the $50 mark this week depends on various factors, including market sentiment, AI-related growth, and any updates on the regulatory issues. Given the current
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avatarBarcode
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$   I traded this before the split and knew the range between 777 and 888 but now I can't even keep up with it's range. The old toot Cramer calls it Bipolar. Hit resistance. Look for a flag.   It needs to hold $40.69.  
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avatarTiger V
2024-10-09

SMCI Surges with Record-Breaking Growth in AI Solutions

Overview of Overall Markets The global technology and AI sector are seeing unprecedented growth, with companies like Super Micro Computer, Inc. $SUPER MICRO COMPUTER INC(SMCI)$   leading the charge. SMCI’s record-breaking revenue, driven by its AI SuperClusters, highlights the increasing demand for high-performance computing solutions. With a 143% year-on-year revenue increase in Q4 2024, surpassing $5.3 billion, SMCI's rapid rise has caught the attention of investors looking to capitalize on the booming AI sector. The broader market is being influenced by advances in artificial intelligence, and hyperscalers are increasingly seeking innovative server and storage solutions. AI and Server Solutions Lead
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SMCI Surges with Record-Breaking Growth in AI Solutions
avatarbluekiwiseed
2024-11-08
$SUPER MICRO COMPUTER INC(SMCI)$  FAITH SMCI's problems are actually not serious but is politicised. Perceptions, not the reality of the flawed inner workings of SMCI, shape the decline of its stock price and potential delisting. The notions of family pateonage that SMCI is alleged to do are things that are the norm, not the exception, of MNCs and many IPO companies. The cause of its decline is not due to its fundamentals, which are strong, but the market sentiment regarding the reputation and credibility of the E&Y Big Four auditor. In fact, the auditor did not even reveal any evidence of accounting fraud, but his reputation and decision to leave the firm for whatever reasons was critical in galvanising market sentiment against SMCI
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avatarMrzorro
2024-11-06
Options Market Statistics: Super Micro Stock Tumbles After Business Update; Options pop $Trump Media & Technology(DJT)$   shares were down 1% Tuesday, but surged more than 20% in the extended trade. The most traded calls are contracts of $40 strike price that expire on Nov. 1. The total volume reaches 14,402 with an open interest of 13,600. After markets closed on Tuesday, the company, reported a third-quarter operating loss of $23.7 million and a net loss of $19.2 million. It posted $1.0 million in revenue for the third quarter in addition to $4.7 million in interest income. As of Sept. 30, the company's balance of cash, cash equivalents, and short-term investments was $672.9 million with no debt. That
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avatarTerra Incognita
2024-12-03
I opened $SMCI 20250103 65.0 CALL$  ,SMCI: collect 1.15% premium from these covered call with strike at $65 which is 55% higher than current market rate.  Contract will expire in 32 days on 3rd Jan. SMCI soared 28% on Mon 2nd Dec on news that the special independent committee finds no evidence of fraud. For this I remained doubtful. Anyway, capitalise on the surge to sell fresh covered calls on the remained uncommitted stocks holding at various interval to capture the higher premium. 
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avatar微风轻扬
2024-11-21
$超微电脑(SMCI)$  When SMCI stock price plummeted to the low $20s, it had completely deviated from the company’s intrinsic value, with a P/E ratio of only 10. During the peak of market panic, I seized the opportunity to buy some call options. Two days ago, I closed my position, securing a 198% return. I expect the stock price to recover to around $30. If the company manages to release its Q3 earnings report on time, the stock could see further gains. However, if the report includes significant revisions to previous earnings, the market may react negatively, causing the stock price to drop. At this stage, the key is to wait for the earnings release and the market’s response.
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avatarTerra Incognita
2024-12-01
I closed $SMCI 20241129 65.0 CALL$  ,SMCI: collected premiums in full for this covered calls expired worthless when it expired worthless on 29th Nov. SMCI shown some strength since last week before fizzling out mid week. The $40 remained a significant resistance and true enough didn't break above.  It will take a long while before SMCI even retest its 200 days MA which is at around $70 now but trending downwards which is really bearish. 
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avatarMickey082024
2024-10-31

SMCI Exit while you can

Super Micro Computer's shares plunged after its auditor, Ernst & Young, resigned, citing governance, transparency, and ethical concerns. Super Micro Computer SMCI plunged 32.68% to close at $33.07. The stock’s intraday high was $38, and it hit a low of $32.2. Its 52-week range is $22.66 to $122.9. Concerns about the company's financial reporting and internal controls surfaced on Aug. 27 when short seller Hindenburg Research accused Super Micro of accounting manipulation, export control failures, customer issues and other problems. The next day, Super Micro announced a delay in filing its annual 10-K report with the SEC. In late September, the Wall Street Journal reported that the U.S. Department of Justice is investigating Super Micro for alleged accounting irregularities. The lack of
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SMCI Exit while you can
avatarBG68
2024-12-17
$SUPER MICRO COMPUTER INC(SMCI)$  definitely going up up up
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avatardaz888888888
2024-10-30

Daily Scoop🍨: AI Chip Stocks Brace As SMCI’s Auditor Resigns

$SUPER MICRO COMPUTER INC(SMCI)$   Ernst & Young in its resignation letter said it was “unwilling to be associated with the financial statements prepared by management.” The accountancy also raised concerns about the board’s independence from CEO Charles Laing and “other members of management.” EY had been hired to audit Super Micro for the first time for the 2024 fiscal year, the company said. Super Micro has still not issued its financial statements for this year, and is reportedly under federal investigation. The auditor first flagged issues with Super Micro’s internal financial controls, governance and forthcomingness in late July, prompting the server firm to appoint a special board committee to investi
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Daily Scoop🍨: AI Chip Stocks Brace As SMCI’s Auditor Resigns
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