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Palantir
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$Super Micro Computer (SMCI.US)$ Assuming this company survi...
$Super Micro Computer (SMCI.US)$ Assuming this company survives the 16th without being delisted, which direction will its stock price move?
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Aaron70 : in my humble opinion , if Nasdaq granted the extension of time , the stock will likely rebound .
AW OP : Your views are not humble at all, coinciding with Wall Street without any prior planning, impressive.
AW OP Aaron70 : A deeper exploration of an issue: If the company does indeed have not only the illegal fact of financial fraud as stated by the short-selling company, but also a series of violations of sanctions, and a series of issues related to selling products to Russia. So, if it were you or me, would we rather intentionally not submit the problematic financial reports, or even destroy them, in order to deliberately provoke the SEC into delisting the company as a good way to avoid going to jail? In other words, the CEO would rather have the company delisted than not willing to submit the problematic financial data and end up in prison afterward.