$Super Micro Computer (SMCI.US)$
1. No wrong doing by independent auditors, avg price 42 ✅
2. NASDAQ listing to maintain, avg price(51) ?? ✅
3. Extension to file 10k, avg price (51)?? ✅
4. NASDAQ 100 constituent maintains, avg price guess?? ⏳
5. Appointment of CFO and other KMP, avg price guess?? ⏳
6. Filing of 10k, avg price guess?? ⏳
7. Earnings surprise, avg price guess?? ⏳

Nasdaq has given another lifeline to SMCI. Now the price on monday could go through roof as ETF and funds that sold last week will buy it back.
Rough calculation shows it needs to reach price of 52 to attain market cap of $Super Micro Computer (SMCI.US)$  35B
Enjoy the party risk takers

$Super Micro Computer (SMCI.US)$ Sell on rise seems to be the trend. People holding from higher levels getting out. Also fund based selling getting positioned prior to NASDAQ 100 rebalancing prior to Dec 13.
Any significant movement that happens will be post Nasdaq rebalancing and decision on delisting, till then it will move between 40 to 42. however if it breaks 42.5 ot can climb to 43.5 in short term but odds are stacked against it.

$Super Micro Computer (SMCI.US)$ there might be short covering trade later in the day.. bears might get squeezed.. they are trying last bet.. tomorrow got no option as it is expiry