$Snowflake (SNOW.US)$ It's incredible that a losing company actually surged, while many profitable companies indeed dropped.

$Super Micro Computer (SMCI.US)$ If you can escape, then escape. This stock is unstable. Do not listen to this group of people who ask you to buy the bottom blindly. Many people bought low from $34 to $27 and asked you to buy, saying that you could make big money for a lifetime. Now at $23, they are all trapped. Touched everything that should not have been touched completely. Should not have touched before the financial report, should not have touched when discovered by short-selling institutions for accounting fraud and still have not come out to explain, should not have touched when the auditor resigned, should not have touched when there are suspected false accounts. Learn to buy good companies and hold for the long term.👌.

$Super Micro Computer (SMCI.US)$The company only has a little over 4 months to find a new audit firm and complete the audit. Previously, switched from Deloitte to Ernst & Young, now Ernst & Young has resigned, I don't know if the Big Four would still be willing to take on this hot potato. In addition, different auditors may have different requirements, which could lead to a restatement of the entire annual report.
In addition, there has been no response from the company regarding the allegation of 'undisclosed related-party transactions'. Now the DOJ is also investigating, I don't know if the SEC will intervene after a period of time.
In addition, no one is willing to do business with a company that engages in financial fraud. The recent news is that SMCI encountered cancellations, and NVDA directly handed the orders to local Taiwanese manufacturers, with some estimated to have been given to Dell. This information is directly reflected in the extremely poor guidance. The moat in the server field is not deep, and Dell has always been the leader for a long time, so there is no need for SMCI to meddle.
The best outcome would be the management being collectively dismissed, and then the company being acquired. In the worst-case scenario, the company may go bankrupt.

$Super Micro Computer (SMCI.US)$ buying this stock is like gambling at a casino.
if you are a share holder of smci, then you are basically a gambler.

$Super Micro Computer (SMCI.US)$
Why is it that there are so many irresponsible people making big calls to buy the dip. Have you guys even read the recent filings that the CEO sold large amounts at 33 per piece just recently...? it's a relatively safe buy ONLY after the dust settles and that mgmt filed their reporting and come up with an acceptable explanation.
I am no saint, but it's just painful seeing people take needless risk only to see their money gone in SECONDS...

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