70911613 : Walmart's rise, exceeding expectations; Target's decline, performance below guidance. Is it really a retail trade industry-wide issue or Target's own reasons?

70911613 : Relying on dividends, there are actually other stocks, such as verizon.

70911613 OP : I do not hold any SMCI stocks, nor do I go long or short. I have been working in the auditing industry for 16 years, understanding the auditing process. Just a reminder for everyone to protect profits when trading short-term, especially during high volatility. These key points are all periods of high volatility, so it is better to wait until these hurdles are cleared before considering long-term investments.

70911613 OP Umami66 : BDO is a sure-win situation. 1) Issuing an audit report, surpassing the Big Four. 2) Even without the report, at most on par with the Big Four, telling the public that their risk control is comparable to the Big Four. The only variable is whether the PCAOB will review their audit working papers and uncover issues. If issues are found, BDO will also be affected. So, rather than saying BDO is helping clients, it is actually dealing with the PCAOB's scrutiny. BDO strictly controls this activity, involving more than just a couple of partners. Furthermore, based on US auditing standards, BDO is definitely making enough fees, regardless of the outcome. This time, BDO took this on not for profit, but for the sake of their reputation. They might self-proclaim, or be referred to by SMCI as one of the top five, but in the industry, there are only the Big Four, so the debate over the fifth is common.

70911613 : Need to wait for nasdaq approval of that plan. Then make sure BDO can complete the audit on time.

70911613 : Is it not 5 p.m. Eastern Time?

70911613 OP : This is also why product information was released today.

70911613 OP : I estimate that after delisting, the stock price will continue to fall, and institutions will acquire the publicly traded stocks on the market in hopes of gaining control, then selling the company as a whole or relisting it. The current senior management will do everything possible to retain control of the company to avoid being acquired.

70911613 : There is still time to submit the application, if I'm not mistaken, by the pacific time 2 o'clock, preferably before 1:30.

70911613 : Senior management is not afraid of legal proceedings at all, the special committee has said there is no issue, it is their problem that EY did not issue a report, you cannot demand the company to prove its own guilt. Without financial reports being released, it means nothing has been said, yet everything has been said. The senior management has truly displayed shamelessness to the extreme, and they do not care about delisting. The stock price continues to decline (it may be even lower after delisting), providing the company with more opportunity to buy back stocks, then wait for a few years, repackage, relist, and make another profit. It's just that the small retail investors are suffering, trapped, and the opportunity cost keeps rising.

70911613 71849380 : There is actually another type of people who are buying now, which are those waiting for the company to announce a delay in application, and then engage in a short-term trade. The company is highly likely to apply for an extension. If approved, the company will have several months to prepare financial statements, followed by another wave of short-term trades.