SMCI Message Board - Msg: 34897802

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Technology Stocks : SMCI

SMCI 51.96

+3.2%

Oct 31 9:30 AM EST

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From: IntoOLEDs	11/7/2024 9:48:02 AM
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With all that's going on with this company in the news, I 'm surprised to see no one posting here! I owned it years back and sold it because it did nothing, then recently it just shot up. Now it has fallen like 80% back to where it was when I owned it?!? Due to supposed 'accounting" irregularities and avoiding sanctions??! Anyone with any insight? Can one assume that the company was avoiding US sanctions selling servers for AI to China? If so, what would the penalties be? And does anyone have prior experience with accounting firms "firing" their customer? Thanks .

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