$Super Micro Computer (SMCI.US)$ Hindenburg has been vindica...
$Super Micro Computer (SMCI.US)$ Hindenburg has been vindicated this company has crooks that will be prosecuted and be considered criminals they will be jailed they will be marched out in handcuffs. if you think $30 is low this could be $10 Monday morning
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Benson_Luo : Overthinking.
10baggerbamm OP Benson_Luo : it's not overthinking look what happened to Enron
104377867 : Enron also sharp fall in Oct but after report losses, then SEC open inquiry few days later and thats end game. I would wait for their audited earning report to be safe.
10baggerbamm OP 104377867 : who is going to audit them the big seven want nothing to do with them what are you going to do get the accounting firm of Dewey screw him and how attest to the accuracy and validity of Management's numbers
104377867 : It will be worse if they did not submit 10K, no choice but to find the most acceptable auditor and report the truth.
10baggerbamm OP : I'm here today it doesn't matter that they submitted a 10K because if the information that's collated is fictitious fraudulent fake you understand where I'm going with it the report means nothing. I watched a long time ago back in the 1990s a company called centennial Technologies completely cook their books I sat as a guest of an individual who owned a brokerage firm at the table where an investment banker let's call his name Steve and the CEO of this company Emmanuel and some very very wealthy whales early stage investors all colluded and orchestrated a fictitious company they release news events and future days and months that was completely bogus they announced deals with Intel completely fake warehouses of inventory that didn't exist. and they ran the stock up to extremely high levels where people were making tens of millions of dollars. I never bought a share why because I have morals I have a moral compass I have integrity. the CEO he went to jail one of the whales he died in jail. I saw this first hand happen in real time so there's people within supermicro that know this exists that were complicit in orchestrating this fraud and they're going to be put in handcuffs
Master Corgi : SMCI just getting bad to worst. It’s gonna be strange with their earnings coming soon.
10baggerbamm OP Master Corgi : they can't release earnings they're going to have to delay them how do you release earnings when they can't be certified think about that.
and what's going to happen when they come out with a statement saying that earnings will be delayed.. do you think that's going to result in a stock price going up or do you think it's going to be another massive Gap lower because I'd be willing to guarantee you it will trigger another massive gap down.
104377867 : Yeah even if they release, majority will not trust them. I doubt their 10K if no major findings.