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2024-12-11

Trust this means the bottom has reached. [LOL]

Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says

2024-12-04

Chill [Cool]

Super Micro Computer: You're Gambling If You Buy This, Not Investing

2024-11-23

Thought provoking article.

MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash

2024-11-23

Useful information for bag holders. [Miser]

Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs

2024-09-07

$NVIDIA Corp(NVDA)$ Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.

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[LOL]&nbsp;&nbsp;","listText":"Trust this means the bottom has reached. [LOL]&nbsp;&nbsp;","text":"Trust this means the bottom has reached. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380464198312472","repostId":"2490830527","repostType":2,"repost":{"id":"2490830527","kind":"highlight","weMediaInfo":{"introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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current rating,\" S&P said.S&P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&P said.","content":"<html><body><p> Intel (INTC) was downgraded to S&amp;P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.</p><p>Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&amp;P said.</p><p>S&amp;P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.</p><p>Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&amp;P said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-11 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Intel (INTC) was downgraded to S&amp;P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.</p><p>Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&amp;P said.</p><p>S&amp;P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.</p><p>Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&amp;P said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2490830527","content_text":"Intel (INTC) was downgraded to S&P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&P said.S&P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&P said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377939128107336,"gmtCreate":1733299904435,"gmtModify":1733300332164,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Chill [Cool]&nbsp;&nbsp;","listText":"Chill [Cool]&nbsp;&nbsp;","text":"Chill [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377939128107336","repostId":"1199304506","repostType":2,"repost":{"id":"1199304506","kind":"news","pubTimestamp":1733283900,"share":"https://ttm.financial/m/news/1199304506?lang=&edition=fundamental","pubTime":"2024-12-04 11:45","market":"us","language":"en","title":"Super Micro Computer: You're Gambling If You Buy This, Not Investing","url":"https://stock-news.laohu8.com/highlight/detail?id=1199304506","media":"Seeking Alpha","summary":"SummarySMCI's recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.SMCI's past issues include NASDAQ delisting, SEC fines","content":"<html><head></head><body><h2 id=\"id_2210350387\">Summary</h2><ul style=\"\"><li><p>SMCI&#39;s recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.</p></li><li><p>SMCI&#39;s past issues include NASDAQ delisting, SEC fines, which all raise serious concerns about its financial integrity.</p></li><li><p>The appointment of BDO as the new auditor offers some hope but doesn&#39;t eliminate the significant risks and unresolved issues identified by Ernst &amp; Young.</p></li><li><p>Investing in SMCI now is more akin to gambling than smart investing due to the high level of unknowns and potential for severe negative outcomes.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d0dd59825e09cdca1d96afc5c7f9a0d1\" alt=\"SlavkoSereda/iStock via Getty Images\" title=\"SlavkoSereda/iStock via Getty Images\" tg-width=\"750\" tg-height=\"500\"/><span>SlavkoSereda/iStock via Getty Images</span></p><h2 id=\"id_2160079058\">Introduction</h2><p>I mostly like to talk about buying opportunities here on Seeking Alpha, but I&#39;ve noted that a lot of people have been buying Super Micro Computer (NASDAQ:SMCI) recently, post the news that they appointed BDO as auditor.</p><p>Despite this appointment having some potential good news and a sign of hope, there&#39;s way too many unknowns and risk factors that, as investors on the outside, we just don&#39;t know the answers to. Of course, when we invest, there&#39;s always some unknowns and risks to take, but for me here, there&#39;s just way too many unknowns, which makes it a very illogical investment.</p><h2 id=\"id_1452235947\">Background</h2><p>SMCI has been on a crazy ride throughout 2024, rising from $28 back in January all the way up to $115 in March, which equates to a 307% increase in 3 months.</p><p>It then dropped down to $18 by November 15th, erasing 85% of the total market cap. This drop came after Ernst &amp; Young (SMCI&#39;s auditor) resigned on October 24th. Ernst &amp; Young cited reasons including:</p><ul style=\"\"><li><p>Lack of trust in management</p></li><li><p>Weak internal controls</p></li><li><p>Lack of board independence</p></li></ul><p>When an auditor resigns from auditing a client the size of SMCI it&#39;s never a good sign. Auditors spend hours fighting to win over the biggest clients which allows them to rake in the huge audit fees, but when they deem the risk of being associated with a listed client to be far more negative than the huge audit fees they would receive, there&#39;s likely something out of the ordinary going on.</p><h2 id=\"id_146560957\">Here&#39;s why SMCI is not worth investing into.</h2><p>If this auditor resignation was a one-off issue, then I&#39;d be inclined to give SMCI the benefit of doubt (though I&#39;d still remain extremely cautious), but unfortunately this negativity around SMCI is not a one-off at all.</p><p>The past 6 years has seen:</p><ul style=\"\"><li><p>NASDAQ delisting</p></li><li><p>$17.5 million fine to SEC</p></li><li><p>Hindenburg Research (one of the most famous short sellers)</p></li><li><p>Department of Justice probe</p></li></ul><p>I&#39;m going to go over each one of these to explain exactly what&#39;s happened and my take on them all.</p><h3 id=\"id_2241418678\">NASDAQ delisting - 2018</h3><p>SMCI was temporarily delisted from the NASDAQ stock exchange in August 2018 due to failure to comply with NASDAQ timelines of financial reports. Companies get delisted for many reasons, however the 3 main reasons are:</p><ol start=\"1\" style=\"\"><li><p>Voluntary delisting.</p></li><li><p>Falling below a certain market cap or $1.00 stock price.</p></li><li><p>Accounting issues/missed deadlines.</p></li></ol><p>Reason 3 is exactly why SMCI got delisted, and it tends to be the least common and perhaps most serious due to the internal inefficiencies. NASDAQ generally does have fairly long &#34;grace periods&#34; meaning SMCI failed to comply with the extended NASDAQ deadlines, something which has not happened to a company of SMCI&#39;s size in a long time.</p><h3 id=\"id_37544222\">Fine</h3><p>In 2020, SMCI paid a $17.5 million fine to the SEC for accounting violations in which they neither admitted nor denied the SEC findings. The violations were due to incorrect revenue recognition, understating expenses, and other accounting violations over a period of 3 years.</p><p>Arguably a one-off instance like this would not cause too much panic, but the continuous nature of this raises skepticism.</p><h3 id=\"id_1199563137\">Department of Justice</h3><p>On top of all this negativity, SMCI has an ongoing DoJ (Department of Justice) probe which is looking into accounting violations. DoJ probes are a big deal and are likely to have an overarching effect on the SMCI stock price even if all of all the other unknowns start to become more clear.</p><p>As I mentioned before with the Hindenburg research, we have to take their report with a pinch of salt since they are a short-seller after all. However, an investigation by the DoJ is much more serious and anything that comes up in that investigation will materially affect SMCI&#39;s future.</p><h3 id=\"id_494708400\">BDO Appointment</h3><p>The positive news after all of this is that SMCI managed to appoint BDO (the 5th largest accounting firm) after all of the above incidents, which has to be a win because it gives them hope to at least restore investor confidence, and prepare some financial statements. That&#39;s all the good news I can say about this though.</p><p>The bad news is that BDO isn&#39;t a big 4 company that SMCI would have appointed. BDO also has had poor results over recent years in terms of audit quality. To put it simply, SMCI would not have wanted to appoint an auditor outside of the Big 4. It&#39;s a shame that this is the way it is, but for a company in the S&amp;P 500, Big 4 auditors are by far the most common. Unless there&#39;s a good reason not to appoint a Big 4 auditor, S&amp;P 500 companies simply look a bit more questionable if they don&#39;t have a Big 4 company auditing them.</p><p>The other important thing to note is that even though SMCI has appointed a BDO, initial screening or conversations with EY (previous auditor) have not occurred. This was all disclosed in the 8-K but obviously wasn&#39;t part of the headlines. Simply what is happening is that BDO are the only company to at least consider looking at the SMCI books in the hope that everything is ok, and therefore they potentially have one of the biggest clients on the books.</p><p>In my opinion, realistically, the issues that EY found won&#39;t have been resolved and BDO will also likely find these issues, meaning they&#39;ll not sign off.</p><p>Let me take this even further. A first year audit takes a long time. It includes getting a very solid understanding of the company, the internal controls, previous period&#39;s numbers etc., etc. In my opinion, the entire process likely cannot happen before February 2025, which is when NASDAQ has granted a filing extension until.</p><p>If the BDO does manage to get all this work done, and assuming there&#39;s no issues found (unlikely in my opinion), there is still a chance of secondary reviews by regulators.</p><h2 id=\"id_4231930187\">So is SMCI a buy, sell, or hold?</h2><p>SMCI has performed well the last 3 weeks post appointment of auditor, BDO, plus a short squeeze. Whilst the share price shows some potential signs of recovery, I hope this article made it clear exactly how much risk there still is.</p><p>SMCI still has to get BDO to audit their financials by February without any findings, a potential secondary review, and also get through the DoJ investigation to essentially survive. If any of these come back with material findings, I think there&#39;s a very good chance that SMCI gets delisted, which will, of course, have material consequences for all investors.</p><p>Of course, I may be wrong here, and I may be overly worried about the legitimacy of the financials, but when there&#39;s hundreds and if not thousands of other stocks without any risk of these issues, I don&#39;t see why it&#39;s worth risking an investment into SMCI.</p><p>My overall take is that I&#39;d give it a 50:50 chance as to whether SMCI recovers and, in my opinion, investing in them is much more gambling, rather than data driven, educated, smart investing.</p></body></html>","source":"lsy1728464409321","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer: You're Gambling If You Buy This, Not Investing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer: You're Gambling If You Buy This, Not Investing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-04 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4741870-super-micro-computer-smci-gambling-if-you-buy-not-investing><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySMCI's recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.SMCI's past issues include NASDAQ delisting, SEC fines...</p>\n\n<a href=\"https://seekingalpha.com/article/4741870-super-micro-computer-smci-gambling-if-you-buy-not-investing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://seekingalpha.com/article/4741870-super-micro-computer-smci-gambling-if-you-buy-not-investing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199304506","content_text":"SummarySMCI's recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.SMCI's past issues include NASDAQ delisting, SEC fines, which all raise serious concerns about its financial integrity.The appointment of BDO as the new auditor offers some hope but doesn't eliminate the significant risks and unresolved issues identified by Ernst & Young.Investing in SMCI now is more akin to gambling than smart investing due to the high level of unknowns and potential for severe negative outcomes.SlavkoSereda/iStock via Getty ImagesIntroductionI mostly like to talk about buying opportunities here on Seeking Alpha, but I've noted that a lot of people have been buying Super Micro Computer (NASDAQ:SMCI) recently, post the news that they appointed BDO as auditor.Despite this appointment having some potential good news and a sign of hope, there's way too many unknowns and risk factors that, as investors on the outside, we just don't know the answers to. Of course, when we invest, there's always some unknowns and risks to take, but for me here, there's just way too many unknowns, which makes it a very illogical investment.BackgroundSMCI has been on a crazy ride throughout 2024, rising from $28 back in January all the way up to $115 in March, which equates to a 307% increase in 3 months.It then dropped down to $18 by November 15th, erasing 85% of the total market cap. This drop came after Ernst & Young (SMCI's auditor) resigned on October 24th. Ernst & Young cited reasons including:Lack of trust in managementWeak internal controlsLack of board independenceWhen an auditor resigns from auditing a client the size of SMCI it's never a good sign. Auditors spend hours fighting to win over the biggest clients which allows them to rake in the huge audit fees, but when they deem the risk of being associated with a listed client to be far more negative than the huge audit fees they would receive, there's likely something out of the ordinary going on.Here's why SMCI is not worth investing into.If this auditor resignation was a one-off issue, then I'd be inclined to give SMCI the benefit of doubt (though I'd still remain extremely cautious), but unfortunately this negativity around SMCI is not a one-off at all.The past 6 years has seen:NASDAQ delisting$17.5 million fine to SECHindenburg Research (one of the most famous short sellers)Department of Justice probeI'm going to go over each one of these to explain exactly what's happened and my take on them all.NASDAQ delisting - 2018SMCI was temporarily delisted from the NASDAQ stock exchange in August 2018 due to failure to comply with NASDAQ timelines of financial reports. Companies get delisted for many reasons, however the 3 main reasons are:Voluntary delisting.Falling below a certain market cap or $1.00 stock price.Accounting issues/missed deadlines.Reason 3 is exactly why SMCI got delisted, and it tends to be the least common and perhaps most serious due to the internal inefficiencies. NASDAQ generally does have fairly long \"grace periods\" meaning SMCI failed to comply with the extended NASDAQ deadlines, something which has not happened to a company of SMCI's size in a long time.FineIn 2020, SMCI paid a $17.5 million fine to the SEC for accounting violations in which they neither admitted nor denied the SEC findings. The violations were due to incorrect revenue recognition, understating expenses, and other accounting violations over a period of 3 years.Arguably a one-off instance like this would not cause too much panic, but the continuous nature of this raises skepticism.Department of JusticeOn top of all this negativity, SMCI has an ongoing DoJ (Department of Justice) probe which is looking into accounting violations. DoJ probes are a big deal and are likely to have an overarching effect on the SMCI stock price even if all of all the other unknowns start to become more clear.As I mentioned before with the Hindenburg research, we have to take their report with a pinch of salt since they are a short-seller after all. However, an investigation by the DoJ is much more serious and anything that comes up in that investigation will materially affect SMCI's future.BDO AppointmentThe positive news after all of this is that SMCI managed to appoint BDO (the 5th largest accounting firm) after all of the above incidents, which has to be a win because it gives them hope to at least restore investor confidence, and prepare some financial statements. That's all the good news I can say about this though.The bad news is that BDO isn't a big 4 company that SMCI would have appointed. BDO also has had poor results over recent years in terms of audit quality. To put it simply, SMCI would not have wanted to appoint an auditor outside of the Big 4. It's a shame that this is the way it is, but for a company in the S&P 500, Big 4 auditors are by far the most common. Unless there's a good reason not to appoint a Big 4 auditor, S&P 500 companies simply look a bit more questionable if they don't have a Big 4 company auditing them.The other important thing to note is that even though SMCI has appointed a BDO, initial screening or conversations with EY (previous auditor) have not occurred. This was all disclosed in the 8-K but obviously wasn't part of the headlines. Simply what is happening is that BDO are the only company to at least consider looking at the SMCI books in the hope that everything is ok, and therefore they potentially have one of the biggest clients on the books.In my opinion, realistically, the issues that EY found won't have been resolved and BDO will also likely find these issues, meaning they'll not sign off.Let me take this even further. A first year audit takes a long time. It includes getting a very solid understanding of the company, the internal controls, previous period's numbers etc., etc. In my opinion, the entire process likely cannot happen before February 2025, which is when NASDAQ has granted a filing extension until.If the BDO does manage to get all this work done, and assuming there's no issues found (unlikely in my opinion), there is still a chance of secondary reviews by regulators.So is SMCI a buy, sell, or hold?SMCI has performed well the last 3 weeks post appointment of auditor, BDO, plus a short squeeze. Whilst the share price shows some potential signs of recovery, I hope this article made it clear exactly how much risk there still is.SMCI still has to get BDO to audit their financials by February without any findings, a potential secondary review, and also get through the DoJ investigation to essentially survive. If any of these come back with material findings, I think there's a very good chance that SMCI gets delisted, which will, of course, have material consequences for all investors.Of course, I may be wrong here, and I may be overly worried about the legitimacy of the financials, but when there's hundreds and if not thousands of other stocks without any risk of these issues, I don't see why it's worth risking an investment into SMCI.My overall take is that I'd give it a 50:50 chance as to whether SMCI recovers and, in my opinion, investing in them is much more gambling, rather than data driven, educated, smart investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373977402069304,"gmtCreate":1732343575468,"gmtModify":1732348737292,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Thought provoking article.&nbsp;","listText":"Thought provoking article.&nbsp;","text":"Thought provoking article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373977402069304","repostId":"2485262518","repostType":4,"repost":{"id":"2485262518","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1732332251,"share":"https://ttm.financial/m/news/2485262518?lang=&edition=fundamental","pubTime":"2024-11-23 11:24","market":"us","language":"en","title":"MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2485262518","media":"Dow Jones","summary":"The big moves in $MicroStrategy(MSTR)$ stock are just another sign that things may not be quite right with the market.MicroStrategy stock has had a heck of a rally. At Wednesday's peak of $473.83, sha","content":"<html><head></head><body><p>The big moves in <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> stock are just another sign that things may not be quite right with the market.</p><p>MicroStrategy stock has had a heck of a rally. At Wednesday&#39;s peak of $473.83, shares had gained nearly 600% this year, and at its Thursday trading high of $543, it was up 700%, massive moves by anyone&#39;s standards. MicroStrategy, though, isn&#39;t building the chips that will fuel artificial intelligence, like Nvidia, or getting investors excited about expanding its AI business beyond game apps, like AppLovin, the only stock in the Russell 1000 to gain more than MicroStrategy this year. It sells convertible bonds and equity to raise money to buy Bitcoin. When Bitcoin goes up, MicroStrategy goes up -- and Bitcoin has been going up a lot.</p><p>The recent moves, however, have gotten worrisome. John Roque, 22V&#39;s technical analyst, notes that at its Thursday peak, MicroStrategy was 239% above its 200-day moving average -- before pulling back. The stock was &#34;only&#34; down 16% On Thursday, but it closed down 32% from its intraday high.</p><p>Microstrategy&#39;s moves bring back memories of the dot-com bust, Roque says. &#34;I was there as NASDAQ was racing into its early 2000 peak, and MSTR is emblematic of the type of advance that occurred regularly for many stocks during that period,&#34; he writes.</p><p>Still, he is careful not to make too much of one stock&#39;s move on the overall market, even if he thinks MicroStrategy is a bubble. &#34;I am not drawing a parallel between NASDAQ 2000 and this era,&#34; he writes. &#34;I am merely saying that the price advance for MSTR qualifies as a price bubble for it.&#34;</p><p>And bubbles are scary things to trade -- I was there as well, trading stocks like Corning and Montana Power that got caught up in the internet frenzy, and Roque seems spot on in his analysis. And that means stocks can go up a lot more than any fundamental suggests it should, and fall just as quickly. So Roque is also careful to say that MicroStrategy may not have topped yet -- even if the risks seem skewed lower. &#34;I am not saying that MSTR can&#39;t go up again -- because it can...anything can happen; and, perhaps most importantly, algos, retail, nor bloodlust are concerned with history,&#34; he writes. &#34;[But] after such an advance it is usually the case to see the item -- after reversing as it did yesterday -- go through a deep and sharp setback. Perhaps to its breakout level.&#34; That would take MicroStrategy back to around $200, a nearly 50% drop from Thursday&#39;s close of $397.72.</p><p>Roque is reluctant to make the connection to the dot-com era, but I&#39;m certainly starting to get those vibes from the market. The worries are there in Super Micro Computer&#39;s inability to get its filings in on time; in Warren Buffett&#39;s methodical reduction of Berkshire Hathaway&#39;s stakes in Apple and Bank of America; and in the premium valuation the S&amp;P 500 now fetches. Maybe it&#39;s nothing, just the echoes of what was a formative time in my investing life.</p><p>Then again, maybe not.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-23 11:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The big moves in <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> stock are just another sign that things may not be quite right with the market.</p><p>MicroStrategy stock has had a heck of a rally. At Wednesday&#39;s peak of $473.83, shares had gained nearly 600% this year, and at its Thursday trading high of $543, it was up 700%, massive moves by anyone&#39;s standards. MicroStrategy, though, isn&#39;t building the chips that will fuel artificial intelligence, like Nvidia, or getting investors excited about expanding its AI business beyond game apps, like AppLovin, the only stock in the Russell 1000 to gain more than MicroStrategy this year. It sells convertible bonds and equity to raise money to buy Bitcoin. When Bitcoin goes up, MicroStrategy goes up -- and Bitcoin has been going up a lot.</p><p>The recent moves, however, have gotten worrisome. John Roque, 22V&#39;s technical analyst, notes that at its Thursday peak, MicroStrategy was 239% above its 200-day moving average -- before pulling back. The stock was &#34;only&#34; down 16% On Thursday, but it closed down 32% from its intraday high.</p><p>Microstrategy&#39;s moves bring back memories of the dot-com bust, Roque says. &#34;I was there as NASDAQ was racing into its early 2000 peak, and MSTR is emblematic of the type of advance that occurred regularly for many stocks during that period,&#34; he writes.</p><p>Still, he is careful not to make too much of one stock&#39;s move on the overall market, even if he thinks MicroStrategy is a bubble. &#34;I am not drawing a parallel between NASDAQ 2000 and this era,&#34; he writes. &#34;I am merely saying that the price advance for MSTR qualifies as a price bubble for it.&#34;</p><p>And bubbles are scary things to trade -- I was there as well, trading stocks like Corning and Montana Power that got caught up in the internet frenzy, and Roque seems spot on in his analysis. And that means stocks can go up a lot more than any fundamental suggests it should, and fall just as quickly. So Roque is also careful to say that MicroStrategy may not have topped yet -- even if the risks seem skewed lower. &#34;I am not saying that MSTR can&#39;t go up again -- because it can...anything can happen; and, perhaps most importantly, algos, retail, nor bloodlust are concerned with history,&#34; he writes. &#34;[But] after such an advance it is usually the case to see the item -- after reversing as it did yesterday -- go through a deep and sharp setback. Perhaps to its breakout level.&#34; That would take MicroStrategy back to around $200, a nearly 50% drop from Thursday&#39;s close of $397.72.</p><p>Roque is reluctant to make the connection to the dot-com era, but I&#39;m certainly starting to get those vibes from the market. The worries are there in Super Micro Computer&#39;s inability to get its filings in on time; in Warren Buffett&#39;s methodical reduction of Berkshire Hathaway&#39;s stakes in Apple and Bank of America; and in the premium valuation the S&amp;P 500 now fetches. Maybe it&#39;s nothing, just the echoes of what was a formative time in my investing life.</p><p>Then again, maybe not.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4600":"加密货币概念","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","MSTR":"MicroStrategy","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485262518","content_text":"The big moves in MicroStrategy stock are just another sign that things may not be quite right with the market.MicroStrategy stock has had a heck of a rally. At Wednesday's peak of $473.83, shares had gained nearly 600% this year, and at its Thursday trading high of $543, it was up 700%, massive moves by anyone's standards. MicroStrategy, though, isn't building the chips that will fuel artificial intelligence, like Nvidia, or getting investors excited about expanding its AI business beyond game apps, like AppLovin, the only stock in the Russell 1000 to gain more than MicroStrategy this year. It sells convertible bonds and equity to raise money to buy Bitcoin. When Bitcoin goes up, MicroStrategy goes up -- and Bitcoin has been going up a lot.The recent moves, however, have gotten worrisome. John Roque, 22V's technical analyst, notes that at its Thursday peak, MicroStrategy was 239% above its 200-day moving average -- before pulling back. The stock was \"only\" down 16% On Thursday, but it closed down 32% from its intraday high.Microstrategy's moves bring back memories of the dot-com bust, Roque says. \"I was there as NASDAQ was racing into its early 2000 peak, and MSTR is emblematic of the type of advance that occurred regularly for many stocks during that period,\" he writes.Still, he is careful not to make too much of one stock's move on the overall market, even if he thinks MicroStrategy is a bubble. \"I am not drawing a parallel between NASDAQ 2000 and this era,\" he writes. \"I am merely saying that the price advance for MSTR qualifies as a price bubble for it.\"And bubbles are scary things to trade -- I was there as well, trading stocks like Corning and Montana Power that got caught up in the internet frenzy, and Roque seems spot on in his analysis. And that means stocks can go up a lot more than any fundamental suggests it should, and fall just as quickly. So Roque is also careful to say that MicroStrategy may not have topped yet -- even if the risks seem skewed lower. \"I am not saying that MSTR can't go up again -- because it can...anything can happen; and, perhaps most importantly, algos, retail, nor bloodlust are concerned with history,\" he writes. \"[But] after such an advance it is usually the case to see the item -- after reversing as it did yesterday -- go through a deep and sharp setback. Perhaps to its breakout level.\" That would take MicroStrategy back to around $200, a nearly 50% drop from Thursday's close of $397.72.Roque is reluctant to make the connection to the dot-com era, but I'm certainly starting to get those vibes from the market. The worries are there in Super Micro Computer's inability to get its filings in on time; in Warren Buffett's methodical reduction of Berkshire Hathaway's stakes in Apple and Bank of America; and in the premium valuation the S&P 500 now fetches. Maybe it's nothing, just the echoes of what was a formative time in my investing life.Then again, maybe not.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373971664638256,"gmtCreate":1732342173453,"gmtModify":1732348735867,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Useful information for bag holders. [Miser]&nbsp;&nbsp;","listText":"Useful information for bag holders. [Miser]&nbsp;&nbsp;","text":"Useful information for bag holders. [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373971664638256","repostId":"2485212639","repostType":4,"repost":{"id":"2485212639","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1732317650,"share":"https://ttm.financial/m/news/2485212639?lang=&edition=fundamental","pubTime":"2024-11-23 07:20","market":"other","language":"en","title":"Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2485212639","media":"Dow Jones","summary":" $SUPER MICRO COMPUTER INC(SMCI)$'s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to ","content":"<html><head></head><body><p> <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>&#39;s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to get current with filing requirements.</p><p>That&#39;s translated into a 78% weekly surge in Super Micro&#39;s stock, the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in the week that ended May 26, 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/db98b04e48b241c600e7fd02fd4cda24\" tg-width=\"1468\" tg-height=\"770\"/></p><p>Still, the stock is off from its former glory, down 72% from its March closing high. At one point, Super Micro shares were up more than 300% on the year, but now they&#39;re up only 17% in 2024, after recently clawing back into positive territory.</p><p>Super Micro&#39;s announcements this week gave investors more confidence that the company will be able to get back in compliance with filing requirements necessary to retain its Nasdaq listing. Super Micro has delayed several filings while looking into its financial controls and after its prior auditor, Ernst &amp; Young, recently resigned.</p><p>Ernst &amp; Young raised concerns about Super Micro&#39;s accounting, but the company has said that a special committee looked into those initial concerns and found that the audit committee at Super Micro &#34;acted independently and that there is no evidence of fraud or misconduct on the part of management or the board of directors.&#34;</p><p>It remains to be seen whether Super Micro is indeed out of the woods with its accounting saga, however, and if the recent issues will draw the eye of regulators. The company also still needs to win Nasdaq approval for its plan to file the delayed reports.</p><p>Some other positives this week include that  <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a>  called out the company as one of its partners on its earnings call. Nvidia has done so in the past as well, but this mention was welcome to Super Micro investors as some had worried the accounting issues would cloud the company&#39;s relationships with partners.</p><p>Further, S&amp;P Dow Jones Indices announced Thursday that  <a href=\"https://laohu8.com/S/TPL\">Texas Pacific Land</a>  would soon replace  <a href=\"https://laohu8.com/S/MRO\">Marathon Oil</a>  in the S&amp;P 500 SPX. That the committee didn&#39;t also boot Super Micro for poor recent stock performance while making that other change is perhaps a reassuring sign that Super Micro isn&#39;t in immediate danger of losing its spot in the high-profile index.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-23 07:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p> <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>&#39;s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to get current with filing requirements.</p><p>That&#39;s translated into a 78% weekly surge in Super Micro&#39;s stock, the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in the week that ended May 26, 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/db98b04e48b241c600e7fd02fd4cda24\" tg-width=\"1468\" tg-height=\"770\"/></p><p>Still, the stock is off from its former glory, down 72% from its March closing high. At one point, Super Micro shares were up more than 300% on the year, but now they&#39;re up only 17% in 2024, after recently clawing back into positive territory.</p><p>Super Micro&#39;s announcements this week gave investors more confidence that the company will be able to get back in compliance with filing requirements necessary to retain its Nasdaq listing. Super Micro has delayed several filings while looking into its financial controls and after its prior auditor, Ernst &amp; Young, recently resigned.</p><p>Ernst &amp; Young raised concerns about Super Micro&#39;s accounting, but the company has said that a special committee looked into those initial concerns and found that the audit committee at Super Micro &#34;acted independently and that there is no evidence of fraud or misconduct on the part of management or the board of directors.&#34;</p><p>It remains to be seen whether Super Micro is indeed out of the woods with its accounting saga, however, and if the recent issues will draw the eye of regulators. The company also still needs to win Nasdaq approval for its plan to file the delayed reports.</p><p>Some other positives this week include that  <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a>  called out the company as one of its partners on its earnings call. Nvidia has done so in the past as well, but this mention was welcome to Super Micro investors as some had worried the accounting issues would cloud the company&#39;s relationships with partners.</p><p>Further, S&amp;P Dow Jones Indices announced Thursday that  <a href=\"https://laohu8.com/S/TPL\">Texas Pacific Land</a>  would soon replace  <a href=\"https://laohu8.com/S/MRO\">Marathon Oil</a>  in the S&amp;P 500 SPX. That the committee didn&#39;t also boot Super Micro for poor recent stock performance while making that other change is perhaps a reassuring sign that Super Micro isn&#39;t in immediate danger of losing its spot in the high-profile index.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0109392836.USD":"富兰克林科技股A","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU2063271972.USD":"富兰克林创新领域基金","NVD":"GraniteShares 2x Short NVDA Daily ETF","MRO":"马拉松石油","3NVD.UK":"LS 3X NVIDIA","NVDD":"Direxion Daily NVDA Bear 1X Shares","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","SMCI":"超微电脑","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","NVDS":"Tradr 1.5X Short NVDA Daily ETF","TPL":"Texas Pacific Land Trust Sub Sha","NVDA":"英伟达","NVDU":"Direxion Daily NVDA Bull 2X Shares","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","BK4543":"AI","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","NVD2.UK":"2X NVIDIA ETP","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","2NVD.UK":"2X NVIDIA ETP","NVD3.UK":"LS 3X NVIDIA","SNVD.UK":"LS -1X NVIDIA","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4503":"景林资产持仓","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","NVDS.UK":"LS -1X NVIDIA","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485212639","content_text":"SUPER MICRO COMPUTER INC's investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to get current with filing requirements.That's translated into a 78% weekly surge in Super Micro's stock, the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in the week that ended May 26, 2023.Still, the stock is off from its former glory, down 72% from its March closing high. At one point, Super Micro shares were up more than 300% on the year, but now they're up only 17% in 2024, after recently clawing back into positive territory.Super Micro's announcements this week gave investors more confidence that the company will be able to get back in compliance with filing requirements necessary to retain its Nasdaq listing. Super Micro has delayed several filings while looking into its financial controls and after its prior auditor, Ernst & Young, recently resigned.Ernst & Young raised concerns about Super Micro's accounting, but the company has said that a special committee looked into those initial concerns and found that the audit committee at Super Micro \"acted independently and that there is no evidence of fraud or misconduct on the part of management or the board of directors.\"It remains to be seen whether Super Micro is indeed out of the woods with its accounting saga, however, and if the recent issues will draw the eye of regulators. The company also still needs to win Nasdaq approval for its plan to file the delayed reports.Some other positives this week include that  NVIDIA Corp  called out the company as one of its partners on its earnings call. Nvidia has done so in the past as well, but this mention was welcome to Super Micro investors as some had worried the accounting issues would cloud the company's relationships with partners.Further, S&P Dow Jones Indices announced Thursday that  Texas Pacific Land  would soon replace  Marathon Oil  in the S&P 500 SPX. That the committee didn't also boot Super Micro for poor recent stock performance while making that other change is perhaps a reassuring sign that Super Micro isn't in immediate danger of losing its spot in the high-profile index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346718002487368,"gmtCreate":1725677375644,"gmtModify":1725969541980,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.","text":"$NVIDIA Corp(NVDA)$ Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":108,"commentSize":2,"repostSize":3,"link":"https://ttm.financial/post/346718002487368","isVote":1,"tweetType":1,"viewCount":910,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":346718002487368,"gmtCreate":1725677375644,"gmtModify":1725969541980,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.","text":"$NVIDIA Corp(NVDA)$ Nvidia experienced a sharp decline after a turbulent week ending on September 6, 2024, as its stock came under pressure from worries about the AI boom slowing, antitrust investigations, weak manufacturing data, and increased doubt about tech spending. Despite these setbacks, I view Nvidia’s potential favorably, seeing the risk as manageable. Therefore, I would continue to buy on dips to increase my holdings.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":108,"commentSize":2,"repostSize":3,"link":"https://ttm.financial/post/346718002487368","isVote":1,"tweetType":1,"viewCount":910,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373971664638256,"gmtCreate":1732342173453,"gmtModify":1732348735867,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Useful information for bag holders. [Miser]&nbsp;&nbsp;","listText":"Useful information for bag holders. [Miser]&nbsp;&nbsp;","text":"Useful information for bag holders. [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373971664638256","repostId":"2485212639","repostType":4,"repost":{"id":"2485212639","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1732317650,"share":"https://ttm.financial/m/news/2485212639?lang=&edition=fundamental","pubTime":"2024-11-23 07:20","market":"other","language":"en","title":"Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2485212639","media":"Dow Jones","summary":" $SUPER MICRO COMPUTER INC(SMCI)$'s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to ","content":"<html><head></head><body><p> <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>&#39;s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to get current with filing requirements.</p><p>That&#39;s translated into a 78% weekly surge in Super Micro&#39;s stock, the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in the week that ended May 26, 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/db98b04e48b241c600e7fd02fd4cda24\" tg-width=\"1468\" tg-height=\"770\"/></p><p>Still, the stock is off from its former glory, down 72% from its March closing high. At one point, Super Micro shares were up more than 300% on the year, but now they&#39;re up only 17% in 2024, after recently clawing back into positive territory.</p><p>Super Micro&#39;s announcements this week gave investors more confidence that the company will be able to get back in compliance with filing requirements necessary to retain its Nasdaq listing. Super Micro has delayed several filings while looking into its financial controls and after its prior auditor, Ernst &amp; Young, recently resigned.</p><p>Ernst &amp; Young raised concerns about Super Micro&#39;s accounting, but the company has said that a special committee looked into those initial concerns and found that the audit committee at Super Micro &#34;acted independently and that there is no evidence of fraud or misconduct on the part of management or the board of directors.&#34;</p><p>It remains to be seen whether Super Micro is indeed out of the woods with its accounting saga, however, and if the recent issues will draw the eye of regulators. The company also still needs to win Nasdaq approval for its plan to file the delayed reports.</p><p>Some other positives this week include that  <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a>  called out the company as one of its partners on its earnings call. Nvidia has done so in the past as well, but this mention was welcome to Super Micro investors as some had worried the accounting issues would cloud the company&#39;s relationships with partners.</p><p>Further, S&amp;P Dow Jones Indices announced Thursday that  <a href=\"https://laohu8.com/S/TPL\">Texas Pacific Land</a>  would soon replace  <a href=\"https://laohu8.com/S/MRO\">Marathon Oil</a>  in the S&amp;P 500 SPX. That the committee didn&#39;t also boot Super Micro for poor recent stock performance while making that other change is perhaps a reassuring sign that Super Micro isn&#39;t in immediate danger of losing its spot in the high-profile index.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro's Stock Had a Historic Week - but It's Still 70% off Its Highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-23 07:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p> <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>&#39;s investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to get current with filing requirements.</p><p>That&#39;s translated into a 78% weekly surge in Super Micro&#39;s stock, the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in the week that ended May 26, 2023.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/db98b04e48b241c600e7fd02fd4cda24\" tg-width=\"1468\" tg-height=\"770\"/></p><p>Still, the stock is off from its former glory, down 72% from its March closing high. At one point, Super Micro shares were up more than 300% on the year, but now they&#39;re up only 17% in 2024, after recently clawing back into positive territory.</p><p>Super Micro&#39;s announcements this week gave investors more confidence that the company will be able to get back in compliance with filing requirements necessary to retain its Nasdaq listing. Super Micro has delayed several filings while looking into its financial controls and after its prior auditor, Ernst &amp; Young, recently resigned.</p><p>Ernst &amp; Young raised concerns about Super Micro&#39;s accounting, but the company has said that a special committee looked into those initial concerns and found that the audit committee at Super Micro &#34;acted independently and that there is no evidence of fraud or misconduct on the part of management or the board of directors.&#34;</p><p>It remains to be seen whether Super Micro is indeed out of the woods with its accounting saga, however, and if the recent issues will draw the eye of regulators. The company also still needs to win Nasdaq approval for its plan to file the delayed reports.</p><p>Some other positives this week include that  <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a>  called out the company as one of its partners on its earnings call. Nvidia has done so in the past as well, but this mention was welcome to Super Micro investors as some had worried the accounting issues would cloud the company&#39;s relationships with partners.</p><p>Further, S&amp;P Dow Jones Indices announced Thursday that  <a href=\"https://laohu8.com/S/TPL\">Texas Pacific Land</a>  would soon replace  <a href=\"https://laohu8.com/S/MRO\">Marathon Oil</a>  in the S&amp;P 500 SPX. That the committee didn&#39;t also boot Super Micro for poor recent stock performance while making that other change is perhaps a reassuring sign that Super Micro isn&#39;t in immediate danger of losing its spot in the high-profile index.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0109392836.USD":"富兰克林科技股A","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU2063271972.USD":"富兰克林创新领域基金","NVD":"GraniteShares 2x Short NVDA Daily ETF","MRO":"马拉松石油","3NVD.UK":"LS 3X NVIDIA","NVDD":"Direxion Daily NVDA Bear 1X Shares","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","SMCI":"超微电脑","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","NVDS":"Tradr 1.5X Short NVDA Daily ETF","TPL":"Texas Pacific Land Trust Sub Sha","NVDA":"英伟达","NVDU":"Direxion Daily NVDA Bull 2X Shares","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","BK4543":"AI","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","NVD2.UK":"2X NVIDIA ETP","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","2NVD.UK":"2X NVIDIA ETP","NVD3.UK":"LS 3X NVIDIA","SNVD.UK":"LS -1X NVIDIA","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4503":"景林资产持仓","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","NVDS.UK":"LS -1X NVIDIA","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485212639","content_text":"SUPER MICRO COMPUTER INC's investors have gotten some relief this week, as the beleaguered server maker said it has a new auditor and has submitted a plan to the Nasdaq for how it intends to get current with filing requirements.That's translated into a 78% weekly surge in Super Micro's stock, the biggest weekly gain on record. That increase is more than double the prior weekly record of 33.5%, which was seen in the week that ended May 26, 2023.Still, the stock is off from its former glory, down 72% from its March closing high. At one point, Super Micro shares were up more than 300% on the year, but now they're up only 17% in 2024, after recently clawing back into positive territory.Super Micro's announcements this week gave investors more confidence that the company will be able to get back in compliance with filing requirements necessary to retain its Nasdaq listing. Super Micro has delayed several filings while looking into its financial controls and after its prior auditor, Ernst & Young, recently resigned.Ernst & Young raised concerns about Super Micro's accounting, but the company has said that a special committee looked into those initial concerns and found that the audit committee at Super Micro \"acted independently and that there is no evidence of fraud or misconduct on the part of management or the board of directors.\"It remains to be seen whether Super Micro is indeed out of the woods with its accounting saga, however, and if the recent issues will draw the eye of regulators. The company also still needs to win Nasdaq approval for its plan to file the delayed reports.Some other positives this week include that  NVIDIA Corp  called out the company as one of its partners on its earnings call. Nvidia has done so in the past as well, but this mention was welcome to Super Micro investors as some had worried the accounting issues would cloud the company's relationships with partners.Further, S&P Dow Jones Indices announced Thursday that  Texas Pacific Land  would soon replace  Marathon Oil  in the S&P 500 SPX. That the committee didn't also boot Super Micro for poor recent stock performance while making that other change is perhaps a reassuring sign that Super Micro isn't in immediate danger of losing its spot in the high-profile index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373977402069304,"gmtCreate":1732343575468,"gmtModify":1732348737292,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Thought provoking article.&nbsp;","listText":"Thought provoking article.&nbsp;","text":"Thought provoking article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373977402069304","repostId":"2485262518","repostType":4,"repost":{"id":"2485262518","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1732332251,"share":"https://ttm.financial/m/news/2485262518?lang=&edition=fundamental","pubTime":"2024-11-23 11:24","market":"us","language":"en","title":"MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2485262518","media":"Dow Jones","summary":"The big moves in $MicroStrategy(MSTR)$ stock are just another sign that things may not be quite right with the market.MicroStrategy stock has had a heck of a rally. At Wednesday's peak of $473.83, sha","content":"<html><head></head><body><p>The big moves in <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> stock are just another sign that things may not be quite right with the market.</p><p>MicroStrategy stock has had a heck of a rally. At Wednesday&#39;s peak of $473.83, shares had gained nearly 600% this year, and at its Thursday trading high of $543, it was up 700%, massive moves by anyone&#39;s standards. MicroStrategy, though, isn&#39;t building the chips that will fuel artificial intelligence, like Nvidia, or getting investors excited about expanding its AI business beyond game apps, like AppLovin, the only stock in the Russell 1000 to gain more than MicroStrategy this year. It sells convertible bonds and equity to raise money to buy Bitcoin. When Bitcoin goes up, MicroStrategy goes up -- and Bitcoin has been going up a lot.</p><p>The recent moves, however, have gotten worrisome. John Roque, 22V&#39;s technical analyst, notes that at its Thursday peak, MicroStrategy was 239% above its 200-day moving average -- before pulling back. The stock was &#34;only&#34; down 16% On Thursday, but it closed down 32% from its intraday high.</p><p>Microstrategy&#39;s moves bring back memories of the dot-com bust, Roque says. &#34;I was there as NASDAQ was racing into its early 2000 peak, and MSTR is emblematic of the type of advance that occurred regularly for many stocks during that period,&#34; he writes.</p><p>Still, he is careful not to make too much of one stock&#39;s move on the overall market, even if he thinks MicroStrategy is a bubble. &#34;I am not drawing a parallel between NASDAQ 2000 and this era,&#34; he writes. &#34;I am merely saying that the price advance for MSTR qualifies as a price bubble for it.&#34;</p><p>And bubbles are scary things to trade -- I was there as well, trading stocks like Corning and Montana Power that got caught up in the internet frenzy, and Roque seems spot on in his analysis. And that means stocks can go up a lot more than any fundamental suggests it should, and fall just as quickly. So Roque is also careful to say that MicroStrategy may not have topped yet -- even if the risks seem skewed lower. &#34;I am not saying that MSTR can&#39;t go up again -- because it can...anything can happen; and, perhaps most importantly, algos, retail, nor bloodlust are concerned with history,&#34; he writes. &#34;[But] after such an advance it is usually the case to see the item -- after reversing as it did yesterday -- go through a deep and sharp setback. Perhaps to its breakout level.&#34; That would take MicroStrategy back to around $200, a nearly 50% drop from Thursday&#39;s close of $397.72.</p><p>Roque is reluctant to make the connection to the dot-com era, but I&#39;m certainly starting to get those vibes from the market. The worries are there in Super Micro Computer&#39;s inability to get its filings in on time; in Warren Buffett&#39;s methodical reduction of Berkshire Hathaway&#39;s stakes in Apple and Bank of America; and in the premium valuation the S&amp;P 500 now fetches. Maybe it&#39;s nothing, just the echoes of what was a formative time in my investing life.</p><p>Then again, maybe not.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy Stock's Big Swings Could Be Another Sign of a Looming Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-23 11:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The big moves in <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> stock are just another sign that things may not be quite right with the market.</p><p>MicroStrategy stock has had a heck of a rally. At Wednesday&#39;s peak of $473.83, shares had gained nearly 600% this year, and at its Thursday trading high of $543, it was up 700%, massive moves by anyone&#39;s standards. MicroStrategy, though, isn&#39;t building the chips that will fuel artificial intelligence, like Nvidia, or getting investors excited about expanding its AI business beyond game apps, like AppLovin, the only stock in the Russell 1000 to gain more than MicroStrategy this year. It sells convertible bonds and equity to raise money to buy Bitcoin. When Bitcoin goes up, MicroStrategy goes up -- and Bitcoin has been going up a lot.</p><p>The recent moves, however, have gotten worrisome. John Roque, 22V&#39;s technical analyst, notes that at its Thursday peak, MicroStrategy was 239% above its 200-day moving average -- before pulling back. The stock was &#34;only&#34; down 16% On Thursday, but it closed down 32% from its intraday high.</p><p>Microstrategy&#39;s moves bring back memories of the dot-com bust, Roque says. &#34;I was there as NASDAQ was racing into its early 2000 peak, and MSTR is emblematic of the type of advance that occurred regularly for many stocks during that period,&#34; he writes.</p><p>Still, he is careful not to make too much of one stock&#39;s move on the overall market, even if he thinks MicroStrategy is a bubble. &#34;I am not drawing a parallel between NASDAQ 2000 and this era,&#34; he writes. &#34;I am merely saying that the price advance for MSTR qualifies as a price bubble for it.&#34;</p><p>And bubbles are scary things to trade -- I was there as well, trading stocks like Corning and Montana Power that got caught up in the internet frenzy, and Roque seems spot on in his analysis. And that means stocks can go up a lot more than any fundamental suggests it should, and fall just as quickly. So Roque is also careful to say that MicroStrategy may not have topped yet -- even if the risks seem skewed lower. &#34;I am not saying that MSTR can&#39;t go up again -- because it can...anything can happen; and, perhaps most importantly, algos, retail, nor bloodlust are concerned with history,&#34; he writes. &#34;[But] after such an advance it is usually the case to see the item -- after reversing as it did yesterday -- go through a deep and sharp setback. Perhaps to its breakout level.&#34; That would take MicroStrategy back to around $200, a nearly 50% drop from Thursday&#39;s close of $397.72.</p><p>Roque is reluctant to make the connection to the dot-com era, but I&#39;m certainly starting to get those vibes from the market. The worries are there in Super Micro Computer&#39;s inability to get its filings in on time; in Warren Buffett&#39;s methodical reduction of Berkshire Hathaway&#39;s stakes in Apple and Bank of America; and in the premium valuation the S&amp;P 500 now fetches. Maybe it&#39;s nothing, just the echoes of what was a formative time in my investing life.</p><p>Then again, maybe not.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4600":"加密货币概念","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","MSTR":"MicroStrategy","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485262518","content_text":"The big moves in MicroStrategy stock are just another sign that things may not be quite right with the market.MicroStrategy stock has had a heck of a rally. At Wednesday's peak of $473.83, shares had gained nearly 600% this year, and at its Thursday trading high of $543, it was up 700%, massive moves by anyone's standards. MicroStrategy, though, isn't building the chips that will fuel artificial intelligence, like Nvidia, or getting investors excited about expanding its AI business beyond game apps, like AppLovin, the only stock in the Russell 1000 to gain more than MicroStrategy this year. It sells convertible bonds and equity to raise money to buy Bitcoin. When Bitcoin goes up, MicroStrategy goes up -- and Bitcoin has been going up a lot.The recent moves, however, have gotten worrisome. John Roque, 22V's technical analyst, notes that at its Thursday peak, MicroStrategy was 239% above its 200-day moving average -- before pulling back. The stock was \"only\" down 16% On Thursday, but it closed down 32% from its intraday high.Microstrategy's moves bring back memories of the dot-com bust, Roque says. \"I was there as NASDAQ was racing into its early 2000 peak, and MSTR is emblematic of the type of advance that occurred regularly for many stocks during that period,\" he writes.Still, he is careful not to make too much of one stock's move on the overall market, even if he thinks MicroStrategy is a bubble. \"I am not drawing a parallel between NASDAQ 2000 and this era,\" he writes. \"I am merely saying that the price advance for MSTR qualifies as a price bubble for it.\"And bubbles are scary things to trade -- I was there as well, trading stocks like Corning and Montana Power that got caught up in the internet frenzy, and Roque seems spot on in his analysis. And that means stocks can go up a lot more than any fundamental suggests it should, and fall just as quickly. So Roque is also careful to say that MicroStrategy may not have topped yet -- even if the risks seem skewed lower. \"I am not saying that MSTR can't go up again -- because it can...anything can happen; and, perhaps most importantly, algos, retail, nor bloodlust are concerned with history,\" he writes. \"[But] after such an advance it is usually the case to see the item -- after reversing as it did yesterday -- go through a deep and sharp setback. Perhaps to its breakout level.\" That would take MicroStrategy back to around $200, a nearly 50% drop from Thursday's close of $397.72.Roque is reluctant to make the connection to the dot-com era, but I'm certainly starting to get those vibes from the market. The worries are there in Super Micro Computer's inability to get its filings in on time; in Warren Buffett's methodical reduction of Berkshire Hathaway's stakes in Apple and Bank of America; and in the premium valuation the S&P 500 now fetches. Maybe it's nothing, just the echoes of what was a formative time in my investing life.Then again, maybe not.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380464198312472,"gmtCreate":1733929666483,"gmtModify":1733929670570,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Trust this means the bottom has reached. [LOL]&nbsp;&nbsp;","listText":"Trust this means the bottom has reached. [LOL]&nbsp;&nbsp;","text":"Trust this means the bottom has reached. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380464198312472","repostId":"2490830527","repostType":2,"repost":{"id":"2490830527","kind":"highlight","weMediaInfo":{"introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"media_name":"MT Newswires Live","id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"pubTimestamp":1733915992,"share":"https://ttm.financial/m/news/2490830527?lang=&edition=fundamental","pubTime":"2024-12-11 19:19","market":"fut","language":"en","title":"Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2490830527","media":"MT Newswires Live","summary":"Intel  was downgraded to S&P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&P said.S&P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&P said.","content":"<html><body><p> Intel (INTC) was downgraded to S&amp;P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.</p><p>Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&amp;P said.</p><p>S&amp;P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.</p><p>Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&amp;P said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Downgraded to BBB Rating Over High Industry Costs Amid Management Uncertainty, S&P Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-11 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Intel (INTC) was downgraded to S&amp;P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.</p><p>Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&amp;P said.</p><p>S&amp;P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.</p><p>Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&amp;P said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2490830527","content_text":"Intel (INTC) was downgraded to S&P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, \"a level we view to be appropriate at its current rating,\" S&P said.S&P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&P said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377939128107336,"gmtCreate":1733299904435,"gmtModify":1733300332164,"author":{"id":"4135033090247542","authorId":"4135033090247542","name":"9Jansen","avatar":"https://community-static.tradeup.com/news/5ae277b469146ef382ee229087ad3f74","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135033090247542","authorIdStr":"4135033090247542"},"themes":[],"htmlText":"Chill [Cool]&nbsp;&nbsp;","listText":"Chill [Cool]&nbsp;&nbsp;","text":"Chill [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377939128107336","repostId":"1199304506","repostType":2,"repost":{"id":"1199304506","kind":"news","pubTimestamp":1733283900,"share":"https://ttm.financial/m/news/1199304506?lang=&edition=fundamental","pubTime":"2024-12-04 11:45","market":"us","language":"en","title":"Super Micro Computer: You're Gambling If You Buy This, Not Investing","url":"https://stock-news.laohu8.com/highlight/detail?id=1199304506","media":"Seeking Alpha","summary":"SummarySMCI's recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.SMCI's past issues include NASDAQ delisting, SEC fines","content":"<html><head></head><body><h2 id=\"id_2210350387\">Summary</h2><ul style=\"\"><li><p>SMCI&#39;s recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.</p></li><li><p>SMCI&#39;s past issues include NASDAQ delisting, SEC fines, which all raise serious concerns about its financial integrity.</p></li><li><p>The appointment of BDO as the new auditor offers some hope but doesn&#39;t eliminate the significant risks and unresolved issues identified by Ernst &amp; Young.</p></li><li><p>Investing in SMCI now is more akin to gambling than smart investing due to the high level of unknowns and potential for severe negative outcomes.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d0dd59825e09cdca1d96afc5c7f9a0d1\" alt=\"SlavkoSereda/iStock via Getty Images\" title=\"SlavkoSereda/iStock via Getty Images\" tg-width=\"750\" tg-height=\"500\"/><span>SlavkoSereda/iStock via Getty Images</span></p><h2 id=\"id_2160079058\">Introduction</h2><p>I mostly like to talk about buying opportunities here on Seeking Alpha, but I&#39;ve noted that a lot of people have been buying Super Micro Computer (NASDAQ:SMCI) recently, post the news that they appointed BDO as auditor.</p><p>Despite this appointment having some potential good news and a sign of hope, there&#39;s way too many unknowns and risk factors that, as investors on the outside, we just don&#39;t know the answers to. Of course, when we invest, there&#39;s always some unknowns and risks to take, but for me here, there&#39;s just way too many unknowns, which makes it a very illogical investment.</p><h2 id=\"id_1452235947\">Background</h2><p>SMCI has been on a crazy ride throughout 2024, rising from $28 back in January all the way up to $115 in March, which equates to a 307% increase in 3 months.</p><p>It then dropped down to $18 by November 15th, erasing 85% of the total market cap. This drop came after Ernst &amp; Young (SMCI&#39;s auditor) resigned on October 24th. Ernst &amp; Young cited reasons including:</p><ul style=\"\"><li><p>Lack of trust in management</p></li><li><p>Weak internal controls</p></li><li><p>Lack of board independence</p></li></ul><p>When an auditor resigns from auditing a client the size of SMCI it&#39;s never a good sign. Auditors spend hours fighting to win over the biggest clients which allows them to rake in the huge audit fees, but when they deem the risk of being associated with a listed client to be far more negative than the huge audit fees they would receive, there&#39;s likely something out of the ordinary going on.</p><h2 id=\"id_146560957\">Here&#39;s why SMCI is not worth investing into.</h2><p>If this auditor resignation was a one-off issue, then I&#39;d be inclined to give SMCI the benefit of doubt (though I&#39;d still remain extremely cautious), but unfortunately this negativity around SMCI is not a one-off at all.</p><p>The past 6 years has seen:</p><ul style=\"\"><li><p>NASDAQ delisting</p></li><li><p>$17.5 million fine to SEC</p></li><li><p>Hindenburg Research (one of the most famous short sellers)</p></li><li><p>Department of Justice probe</p></li></ul><p>I&#39;m going to go over each one of these to explain exactly what&#39;s happened and my take on them all.</p><h3 id=\"id_2241418678\">NASDAQ delisting - 2018</h3><p>SMCI was temporarily delisted from the NASDAQ stock exchange in August 2018 due to failure to comply with NASDAQ timelines of financial reports. Companies get delisted for many reasons, however the 3 main reasons are:</p><ol start=\"1\" style=\"\"><li><p>Voluntary delisting.</p></li><li><p>Falling below a certain market cap or $1.00 stock price.</p></li><li><p>Accounting issues/missed deadlines.</p></li></ol><p>Reason 3 is exactly why SMCI got delisted, and it tends to be the least common and perhaps most serious due to the internal inefficiencies. NASDAQ generally does have fairly long &#34;grace periods&#34; meaning SMCI failed to comply with the extended NASDAQ deadlines, something which has not happened to a company of SMCI&#39;s size in a long time.</p><h3 id=\"id_37544222\">Fine</h3><p>In 2020, SMCI paid a $17.5 million fine to the SEC for accounting violations in which they neither admitted nor denied the SEC findings. The violations were due to incorrect revenue recognition, understating expenses, and other accounting violations over a period of 3 years.</p><p>Arguably a one-off instance like this would not cause too much panic, but the continuous nature of this raises skepticism.</p><h3 id=\"id_1199563137\">Department of Justice</h3><p>On top of all this negativity, SMCI has an ongoing DoJ (Department of Justice) probe which is looking into accounting violations. DoJ probes are a big deal and are likely to have an overarching effect on the SMCI stock price even if all of all the other unknowns start to become more clear.</p><p>As I mentioned before with the Hindenburg research, we have to take their report with a pinch of salt since they are a short-seller after all. However, an investigation by the DoJ is much more serious and anything that comes up in that investigation will materially affect SMCI&#39;s future.</p><h3 id=\"id_494708400\">BDO Appointment</h3><p>The positive news after all of this is that SMCI managed to appoint BDO (the 5th largest accounting firm) after all of the above incidents, which has to be a win because it gives them hope to at least restore investor confidence, and prepare some financial statements. That&#39;s all the good news I can say about this though.</p><p>The bad news is that BDO isn&#39;t a big 4 company that SMCI would have appointed. BDO also has had poor results over recent years in terms of audit quality. To put it simply, SMCI would not have wanted to appoint an auditor outside of the Big 4. It&#39;s a shame that this is the way it is, but for a company in the S&amp;P 500, Big 4 auditors are by far the most common. Unless there&#39;s a good reason not to appoint a Big 4 auditor, S&amp;P 500 companies simply look a bit more questionable if they don&#39;t have a Big 4 company auditing them.</p><p>The other important thing to note is that even though SMCI has appointed a BDO, initial screening or conversations with EY (previous auditor) have not occurred. This was all disclosed in the 8-K but obviously wasn&#39;t part of the headlines. Simply what is happening is that BDO are the only company to at least consider looking at the SMCI books in the hope that everything is ok, and therefore they potentially have one of the biggest clients on the books.</p><p>In my opinion, realistically, the issues that EY found won&#39;t have been resolved and BDO will also likely find these issues, meaning they&#39;ll not sign off.</p><p>Let me take this even further. A first year audit takes a long time. It includes getting a very solid understanding of the company, the internal controls, previous period&#39;s numbers etc., etc. In my opinion, the entire process likely cannot happen before February 2025, which is when NASDAQ has granted a filing extension until.</p><p>If the BDO does manage to get all this work done, and assuming there&#39;s no issues found (unlikely in my opinion), there is still a chance of secondary reviews by regulators.</p><h2 id=\"id_4231930187\">So is SMCI a buy, sell, or hold?</h2><p>SMCI has performed well the last 3 weeks post appointment of auditor, BDO, plus a short squeeze. Whilst the share price shows some potential signs of recovery, I hope this article made it clear exactly how much risk there still is.</p><p>SMCI still has to get BDO to audit their financials by February without any findings, a potential secondary review, and also get through the DoJ investigation to essentially survive. If any of these come back with material findings, I think there&#39;s a very good chance that SMCI gets delisted, which will, of course, have material consequences for all investors.</p><p>Of course, I may be wrong here, and I may be overly worried about the legitimacy of the financials, but when there&#39;s hundreds and if not thousands of other stocks without any risk of these issues, I don&#39;t see why it&#39;s worth risking an investment into SMCI.</p><p>My overall take is that I&#39;d give it a 50:50 chance as to whether SMCI recovers and, in my opinion, investing in them is much more gambling, rather than data driven, educated, smart investing.</p></body></html>","source":"lsy1728464409321","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer: You're Gambling If You Buy This, Not Investing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer: You're Gambling If You Buy This, Not Investing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-04 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4741870-super-micro-computer-smci-gambling-if-you-buy-not-investing><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySMCI's recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.SMCI's past issues include NASDAQ delisting, SEC fines...</p>\n\n<a href=\"https://seekingalpha.com/article/4741870-super-micro-computer-smci-gambling-if-you-buy-not-investing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://seekingalpha.com/article/4741870-super-micro-computer-smci-gambling-if-you-buy-not-investing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199304506","content_text":"SummarySMCI's recent auditor resignation, and ongoing DoJ investigation make it a highly risky investment despite a recent short-term price surge.SMCI's past issues include NASDAQ delisting, SEC fines, which all raise serious concerns about its financial integrity.The appointment of BDO as the new auditor offers some hope but doesn't eliminate the significant risks and unresolved issues identified by Ernst & Young.Investing in SMCI now is more akin to gambling than smart investing due to the high level of unknowns and potential for severe negative outcomes.SlavkoSereda/iStock via Getty ImagesIntroductionI mostly like to talk about buying opportunities here on Seeking Alpha, but I've noted that a lot of people have been buying Super Micro Computer (NASDAQ:SMCI) recently, post the news that they appointed BDO as auditor.Despite this appointment having some potential good news and a sign of hope, there's way too many unknowns and risk factors that, as investors on the outside, we just don't know the answers to. Of course, when we invest, there's always some unknowns and risks to take, but for me here, there's just way too many unknowns, which makes it a very illogical investment.BackgroundSMCI has been on a crazy ride throughout 2024, rising from $28 back in January all the way up to $115 in March, which equates to a 307% increase in 3 months.It then dropped down to $18 by November 15th, erasing 85% of the total market cap. This drop came after Ernst & Young (SMCI's auditor) resigned on October 24th. Ernst & Young cited reasons including:Lack of trust in managementWeak internal controlsLack of board independenceWhen an auditor resigns from auditing a client the size of SMCI it's never a good sign. Auditors spend hours fighting to win over the biggest clients which allows them to rake in the huge audit fees, but when they deem the risk of being associated with a listed client to be far more negative than the huge audit fees they would receive, there's likely something out of the ordinary going on.Here's why SMCI is not worth investing into.If this auditor resignation was a one-off issue, then I'd be inclined to give SMCI the benefit of doubt (though I'd still remain extremely cautious), but unfortunately this negativity around SMCI is not a one-off at all.The past 6 years has seen:NASDAQ delisting$17.5 million fine to SECHindenburg Research (one of the most famous short sellers)Department of Justice probeI'm going to go over each one of these to explain exactly what's happened and my take on them all.NASDAQ delisting - 2018SMCI was temporarily delisted from the NASDAQ stock exchange in August 2018 due to failure to comply with NASDAQ timelines of financial reports. Companies get delisted for many reasons, however the 3 main reasons are:Voluntary delisting.Falling below a certain market cap or $1.00 stock price.Accounting issues/missed deadlines.Reason 3 is exactly why SMCI got delisted, and it tends to be the least common and perhaps most serious due to the internal inefficiencies. NASDAQ generally does have fairly long \"grace periods\" meaning SMCI failed to comply with the extended NASDAQ deadlines, something which has not happened to a company of SMCI's size in a long time.FineIn 2020, SMCI paid a $17.5 million fine to the SEC for accounting violations in which they neither admitted nor denied the SEC findings. The violations were due to incorrect revenue recognition, understating expenses, and other accounting violations over a period of 3 years.Arguably a one-off instance like this would not cause too much panic, but the continuous nature of this raises skepticism.Department of JusticeOn top of all this negativity, SMCI has an ongoing DoJ (Department of Justice) probe which is looking into accounting violations. DoJ probes are a big deal and are likely to have an overarching effect on the SMCI stock price even if all of all the other unknowns start to become more clear.As I mentioned before with the Hindenburg research, we have to take their report with a pinch of salt since they are a short-seller after all. However, an investigation by the DoJ is much more serious and anything that comes up in that investigation will materially affect SMCI's future.BDO AppointmentThe positive news after all of this is that SMCI managed to appoint BDO (the 5th largest accounting firm) after all of the above incidents, which has to be a win because it gives them hope to at least restore investor confidence, and prepare some financial statements. That's all the good news I can say about this though.The bad news is that BDO isn't a big 4 company that SMCI would have appointed. BDO also has had poor results over recent years in terms of audit quality. To put it simply, SMCI would not have wanted to appoint an auditor outside of the Big 4. It's a shame that this is the way it is, but for a company in the S&P 500, Big 4 auditors are by far the most common. Unless there's a good reason not to appoint a Big 4 auditor, S&P 500 companies simply look a bit more questionable if they don't have a Big 4 company auditing them.The other important thing to note is that even though SMCI has appointed a BDO, initial screening or conversations with EY (previous auditor) have not occurred. This was all disclosed in the 8-K but obviously wasn't part of the headlines. Simply what is happening is that BDO are the only company to at least consider looking at the SMCI books in the hope that everything is ok, and therefore they potentially have one of the biggest clients on the books.In my opinion, realistically, the issues that EY found won't have been resolved and BDO will also likely find these issues, meaning they'll not sign off.Let me take this even further. A first year audit takes a long time. It includes getting a very solid understanding of the company, the internal controls, previous period's numbers etc., etc. In my opinion, the entire process likely cannot happen before February 2025, which is when NASDAQ has granted a filing extension until.If the BDO does manage to get all this work done, and assuming there's no issues found (unlikely in my opinion), there is still a chance of secondary reviews by regulators.So is SMCI a buy, sell, or hold?SMCI has performed well the last 3 weeks post appointment of auditor, BDO, plus a short squeeze. Whilst the share price shows some potential signs of recovery, I hope this article made it clear exactly how much risk there still is.SMCI still has to get BDO to audit their financials by February without any findings, a potential secondary review, and also get through the DoJ investigation to essentially survive. If any of these come back with material findings, I think there's a very good chance that SMCI gets delisted, which will, of course, have material consequences for all investors.Of course, I may be wrong here, and I may be overly worried about the legitimacy of the financials, but when there's hundreds and if not thousands of other stocks without any risk of these issues, I don't see why it's worth risking an investment into SMCI.My overall take is that I'd give it a 50:50 chance as to whether SMCI recovers and, in my opinion, investing in them is much more gambling, rather than data driven, educated, smart investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}