4 ms·
Seems like a good buy now. They're still making and selling hardware.
by b112 7mo ago
Seems like a good buy now. They're still making and selling hardware.
- pinkmuffinere 7mo agoYou could be right. But reading the comments here it seems it's had 2-3 scandals in the last 4 years, which makes me suspect that more could be brought to light.
- b112 7mo agoYou could be right. Excellent, thank you! (Shifts entire portfolio)
- bityard 7mo agoFor fun, I will sometimes buy trivial positions in solid companies whose stock price falls 8-10% or so due to some minor temporary bad press and then resell in a month or two when the news cycle forgets about them and price rebounds. I make a decent amount of play money this way. SMCI has a pattern of missteps over the years, I would not qualify them as a solid future bet. (And in case someone asks the question, no that is not a viable long-term strategy one's retirement savings because it's very much speculating and doesn't work AT ALL when the market is volatile or falling as a whole.)
- phatfish 7mo agoExternal factors can be a quick recovery. Internal factors are often a long road. Accounting and corruption failures sounds internal to me.