SMCI has 84% institutional ownership and only 20% held by insiders. Nobody really thinks it's worth anything but the large holders don't have to write down yet

SMCI has 84% institutional ownership and only 20% held by insiders. Nobody really thinks it's worth anything but the large holders don't have to write down yet and probably are diversified across the industry. The market cap is like half a bil -- that's _tiny_ for a company as big as SuperMicro...even at the bil it was before the article. The stock is garbage.