$Super Micro Computer (SMCI.US)$ why are people ignoring the...
$Super Micro Computer (SMCI.US)$ why are people ignoring the fact that the special committee consisted of a single person from the board and the findings are completely opposite from the issues raised by the previous auditor Ernst & Young?
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Sailang Kitty : Because no one wants to acknowledge the redflag until it’s too late
TheNorthStar : Do you have a link to this info?
MagInvestor OP TheNorthStar : https://ir.supermicro.com/news/news-details/2024/Supermicro-Announces-Completion-of-Review-by-Independent-Special-Committee/default.aspx
Money Thrill : The exact number of members in the Special Audit Committee for Supermicro isn't explicitly mentioned in the available information ??? An single person isn't an valid information !!!
MagInvestor OP Money Thrill : Excerpt from the link above: "The Special Committee is comprised of Susie Giordano, an independent member of Supermicro’s Board of Directors." No other members were mentioned.
74754703 : Emm there was a law firm and financial forensic firm on that committee aswell ….
Ultratech : why do you care just don't look at the stock if you're not into it
Money Thrill 74754703 : Indeed, i read there were several lawyers not one person and that was the REASON i don't sell Supermicro. For the moment in trust in it
MagInvestor OP : yes there were lawyers and accountants hired by the committee but they are not part of the committee. Anyway, it's all personal judgement. Good luck!
Krusher Ultratech :
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