Do you think SMCI is suitable for long-term holding?

Supermicro was hit with a double punch of bad news last week. First, the companyHindenburg ResearchThe subject of a report issued by bank of america corp, highlighting accounting irregularities, undisclosed related-party transactions, and export control issues. The following day, Supermicro revealed that the annual report submission would be delayed.

According to analysts at JP Morgan, it is important to note that the short report has been surrounded by long-standing suspicions and there is a lack of evidence. The analysts point out that most of the suspicions are "existing, already known" issues, and the report has "very little detail on the suspected wrongdoing." They also mention that "Hindenburg has a short position in this stock and has a vested interest in seeing the stock price drop, so until evidence to the contrary emerges, my funds are still in Supermicro."