SMCI: Pump and Dump Scheme?

$Super Micro Computer (SMCI.US)$
This stock might probably be a good stock but if a company cannot do basic accounting properly, how do you think they will manage the business in long run? Here is my opinion for this stock.

I don't know much story behind but some stock with similar trend like SMCI tend to fail after lawsuit came out. But, the stock already dive so hard and almost hitting it's initial YTD value. So, it may be good entry point for some option gamblers for their short term gains. While someone is winning big for shorting the stock, someone always is losing, mostly the investor of the stock. So, better choose a side wisely.

Besides, an investor should always be careful for their long term investment and wait for the stock split done for this particular stock. I personally believe this stock is now like a pump and dump scheme where special manipulation involved and it looks like going back to it's original value at the beginning of 2024 (285-343) where the bull run started.

To conclude, be considered for buying the dip as it might not yet bottom and most investors may also be waiting for the good & bad news. But, you can enjoy the volatility here from short term gain buying or selling options. For me, I still cannot find a way to make profit out of this stock volatility just because it is too expensive for me. (waiting for stock split)

***Disclaimer: This is not a trade advisory and solely for sharing lesson learned or educational purposes only. Trading should be a part time job for fun only and it is one of the risky business that can wipe your bank account.

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