104377867 : The new auditor BDO does not have good track record, 86% of BDO 2023 audits inspected by PCAOB found to be deficient, high level of errors. Former BDO auditor banned 20 yrs for faking signatures recently. Regulators watching them, but surely they are the least capable to solve SMCI issues just based on their track records.

104377867 : So far no convincing plan, should at least hired a new audit firm with committed timeline for 10k. Just asking extension sounds like begging for mercy.

104377867 : No news at this late hour before due date is extremely a red flag.

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.

104377867 : It will be worse if they did not submit 10K, no choice but to find the most acceptable auditor and report the truth.

104377867 : Yeah even if they release, majority will not trust them. I doubt their 10K if no major findings.

104377867 : Cant wait for Zuck aah f* moment.

104377867 : If the early report is true, likely drop like MU, expectation too high. Dont think its the bottom yet.

104377867 : Not if its an honest mistake (e.g fat finger). Maybe can  sue for losses.

104377867 : So fast big drop

104377867 : Ishiba support raising interest rate. Matter of when for another Yen carry trade?

104377867 : Thanks. Seems to be 50/50 for now.