4 ms·
This story is ridiculous. I believe the arguments made int eh article didn’t happen. Apple, amazon, and SMCI have all rebuffed. The Bloomberg journalist was dup
by VCinvestorSF 8y ago
This story is ridiculous. I believe the arguments made int eh article didn’t happen. Apple, amazon, and SMCI have all rebuffed. The Bloomberg journalist was duped. SMCI did nothing wrong and their business remains strong as we speaker. They will shortly:
1) Issue a detailed rebuttal with QC procedures and 2) become current with their audited financials by the end of October. As a result, the stock will revisit $30 per share within 3-6 months which is a triple from today’s price. Who remembers the Johnson and Johnson Tylenol scar? Someone posiomed Tylenol and the stock cratered. This is no different, except the “poisoning” never happened. And even if it did, it was 3 years ago and was discovered.