$Super Micro Computer (SMCI.US)$ Hindenburg research is an a...
$Super Micro Computer (SMCI.US)$ Hindenburg research is an active short selling company. SMCI is in deep shit... this stock sure will below 500 soon. Unsure how true is the report. but sure short seller will full force attack..
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Northsea9 : If the report is true, it will be the next Enron! There are two core issues! One is whether the so-called performance is true! The other is whether the transfer of suppliers by companies like Nvidia after discovering problems is true! The latter is key and will involve Nvidia!
10baggerbamm : Hindenburg says is bullshit they've been sued in the past the damage is done the minute that the story is break they have enormous short positions and put positions so any cost of legal defense is paid for a thousand times over with ease
102857261 : If they are spreading falsehood they should be sued out of existance.
Leek King OP 10baggerbamm : doesn't matter anymore... people are scaring and selling.. as you can see the price keep on dropping..
Leek King OP 102857261 : many company did before. but is hard to win the cases. cos not all information are fake.. is a mixture..
10baggerbamm Leek King OP : I understand that that's why I said the damage is done when the report comes out they've made right now tens of millions of dollars if not hundreds of millions off of there put positions and short positions.. whether the story is right or wrong is irrelevant the damage is done they got the rug pull effect by scaring the shit out of everybody and what they do is they leak the report out to their friends the hedge funds and institutions before the street gets it and they start to sell off the snowball going downhill that creates the avalanche.. so the people that scream Market manipulation. it is right in front of your eyeballs black and white
Lalalucky 10baggerbamm : Agreed