Just looking at what you posted for numbers vs mine. Yours are all over the map from correct to completely inaccurate. Perhaps use more trusted sources than Twitter.
We poor folks gotta make due with what we got.Just looking at what you posted for numbers vs mine. Yours are all over the map from correct to completely inaccurate. Perhaps use more trusted sources than Twitter.
Mine are from my paid "Trade the News" wire service.
It's a giant don't touch. It's on the path to be delisted. Gamblers won't be able to help themselves, but at some point there will be people sitting there with .90 cent shares wondering wtf just happened. It's extremely rare for an accounting firm to make such an aggressive statement, where there is smoke there is fire. THey could right the ship but why put your money at that kind of riskI just saw a Seeking Alpha article about them a few days ago too. "Definitely heading to ~$90!" was the gist of it. Based on their evaluation of their books and what-not. They said there was a risk with this reporting fiasco, but that was minimal (kek), and that earnings report coming up soon is always a risk but was likely to be a positive.
Since then, they're down about 45%. oof.gif
BUT! Does that mean they're on sale!? "When there's blood in the street, buy! even if it's yours!" Right? I mean, if the sentiment for this fiasco doesn't stick, then the earnings + the financials analysis of SA must be proven correct, right?
Jokes and memes aside, I think that's an interesting question for the thread. But I don't think I'll touch SMCI regardless of what anyone here says about it.
Sounds like time to short short short!It's a giant don't touch. It's on the path to be delisted. Gamblers won't be able to help themselves, but at some point there will be people sitting there with .90 cent shares wondering wtf just happened. It's extremely rare for an accounting firm to make such an aggressive statement, where there is smoke there is fire. THey could right the ship but why put your money at that kind of risk
Yeah, I believe so. That's why I'm not letting my covered calls ride passed earnings tonight.Sanrith Descartes I was reading an article about how they blew out earnings on something like 9 of the last 12 calls. I never got on the PLTR boat, but the general consensus seems positive still, correct?