Yongchao
voted
The Options Paper Trading Challenge has come to an end, and we're thrilled to have around 17,000 participants over the past 4 weeks!
Last week, more than 564 participants achieved virtual gains exceeding 5%, with $Advanced Micro Devices (AMD.US)$ being the most actively traded option during the earnings season.
Over 730 participants attained virtual gains exceeding 5% throughout the four-w...
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Yongchao
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The Global Paper Trading Challenge has been underway for a week now, and we're thrilled to have over 75,000 participants from around the globe!
In the U.S. region, more than 85 participants have achieved weekly virtual gains exceeding 10%. The most popular stock traded in our Challenge last week? $Bright Minds Biosciences (DRUG.US)$, a pharmaceutical company that just received FDA approval for its new drug. This week, $GRI Bio (GRI.US)$ is curren...
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Yongchao
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lol i already said buy the dip monday before pre market $NVIDIA (NVDA.US)$ $Amazon (AMZN.US)$ $Tesla (TSLA.US)$
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Yongchao
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📝: Sharing of Indicator:MACD- When the MACD line crosses from below to above the signal line, the indicator is considered bullish. When the MACD line crosses from above to below the signal line, the indicator is considered bearish.
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Yongchao
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$Super Micro Computer (SMCI.US)$Established in 2004, Kenwei, as stated in the company's 2023 10-K annual report, has CEO Jianrong Liang, who is also the younger brother of Jianhao Liang. Therefore, Super Micro, Daxun, and Kenwei are investment partners, and related information was disclosed as early as 2009 in SEC documents.
We emphasize that the recent troubles have caused distress to our partners and investors. Many of the contents were announced several years, even decades ago, but have been distorted by malicious individuals. To defend the company's reputation, from now on, any false accusations that directly affect the rights and interests of shareholders and employees will be pursued legally. The manipulation of accounting reports is part of the allegations made by former employee Bob Luong, but in April of this year, we have filed a lawsuit against the employee and it is currently in legal proceedings, so we cannot elaborate further. In addition, in August 2020, we were fined $17.5 million by the U.S. Securities and Exchange Commission (SEC) for improper embellishment of financial report figures. After paying the fine, we rehired three senior executives directly involved, which is a fact, but all comply with local U.S. laws and have been approved and announced by the SEC. For example, one of the founders, Yi-Xian Liao, was rehired as a consultant in May 2021 and re-elected to the board of directors at the shareholders' meeting in December 2023, with SEC approval and announcement. We emphasize that the delay in the 2024 annual report (10-K) is mainly due to the company's appointment of an accounting firm and issues with the handover process, which led to the delay in submitting the 2024 annual report until mid-September. This delay was due to a request for additional information from the SEC and was not due to accounting manipulation.
We emphasize that the recent troubles have caused distress to our partners and investors. Many of the contents were announced several years, even decades ago, but have been distorted by malicious individuals. To defend the company's reputation, from now on, any false accusations that directly affect the rights and interests of shareholders and employees will be pursued legally. The manipulation of accounting reports is part of the allegations made by former employee Bob Luong, but in April of this year, we have filed a lawsuit against the employee and it is currently in legal proceedings, so we cannot elaborate further. In addition, in August 2020, we were fined $17.5 million by the U.S. Securities and Exchange Commission (SEC) for improper embellishment of financial report figures. After paying the fine, we rehired three senior executives directly involved, which is a fact, but all comply with local U.S. laws and have been approved and announced by the SEC. For example, one of the founders, Yi-Xian Liao, was rehired as a consultant in May 2021 and re-elected to the board of directors at the shareholders' meeting in December 2023, with SEC approval and announcement. We emphasize that the delay in the 2024 annual report (10-K) is mainly due to the company's appointment of an accounting firm and issues with the handover process, which led to the delay in submitting the 2024 annual report until mid-September. This delay was due to a request for additional information from the SEC and was not due to accounting manipulation.
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Buy.
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Yongchao
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Yongchao
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We're gearing up for an exciting milestone with the $S&P 500 Index (.SPX.US)$ hitting record highs over 36 times this year and the $S&P/TSX 60 Index (.TSX60.CA)$recently reaching new peaks.
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