Intelligent individuals should stay away from significant risks that are uncertain.
The latest news is that banks have agreed to delay the submission of financial reports, not the securities regulatory commission. Currently, SMCI's financial fraud has basically been confirmed, but the specific severity of the fraud, as well as the corresponding punishment, is unknown. Severe penalties will inevitably lead to another significant decline. Therefore, one should not blindly buy the dip; unless you are here to gamble rather than invest.
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