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> Look at the stock of supermicro, since 2015 (the year of revelation) it's been going down for them - reason might be because none of the companies bought new
by 394549 8y ago
> Look at the stock of supermicro, since 2015 (the year of revelation) it's been going down for them - reason might be because none of the companies bought new hardware from them.
They've also had accounting irregularities that caused their stock to be delisted from NASDAQ: https://www.theregister.co.uk/2018/08/22/supermicro_facing_nasdaq_delisting/ https://www.theregister.co.uk/2018/08/22/supermicro_facing_n...
> "The delay primarily relates to the magnitude of work that the company must still perform in order to review the company's accounting judgements, estimates and records for transactions that occurred during fiscal year 2015 through 2017, as well as the assessments and conclusions on the effectiveness of its internal control over financial reporting."
It's interesting that the irregularities started in 2015.