Need to investigate for frauds about layoff numbers, accounting practices and financial reports.
15 replies (most recent on top)
The bull sh-t on intel
The bear is gone
Hopefully they are not selling those Defective Raptor Lake CPU's :|
@hw Exactly where is that demand coming from? Names and numbers please.
Turns out the dead weight really did get hit by CPM. And OP sold at 20 in a huff. Double loser
After seeing bull sh-t you will see bear sh-t next. Be ready and make sure to clean up after yourself.
Sure, the company cannot sell enough product to keep up with demand...definitely fraud. Market must be faking demand. If you really believe that, short the stock at 100.77 or buy puts. Although you'll probably get a better entry point right before AMD reports earnings.
It's all about illegal politics and preferential treatment. To quote one fool talking on other matters, "It's a hoax!"
@b4 Is LBT or his buddies affiliated with SMCI In any way? Things seem to repeat in industry with diff companies as people jump/move around. Clarity can be found by following the money trail.
People here complain if the stock is low. Then they complain when the stock is high.
Same people here complaining when their mom overheats their Hot Pocket.
Get over it and roll with the punches.
@bk,
You got to do better, that article is from 2024.
https://www.pcgamesn.com/intel/shareholders-lawsuit
AI reported SMCI CEO arrested !
The co-founder of Super Micro Computer, Yih-Shyan "Wally" Liaw, was arrested for allegedly smuggling Nvidia-powered servers to China, violating U.S. export control laws. This incident has raised concerns about compliance and governance issues within the company
Arrest of Super Micro Co-Founder
Yih-Shyan "Wally" Liaw, the co-founder of Super Micro Computer, was arrested for allegedly leading a scheme to smuggle Nvidia-powered servers to China. This operation reportedly involved circumventing U.S. export control laws.
Details of the Allegations
Scheme Overview: Liaw and two associates are accused of funneling approximately $2.5 billion worth of servers containing banned GPUs to China.
Methods Used: The group allegedly used a Southeast Asian shell company to obscure the true destination of the shipments. They reportedly employed low-tech methods, such as using hair dryers to swap serial number stickers on servers to evade detection.
Volume of Shipments: In a short span, they moved around $510 million worth of hardware, indicating a large-scale operation.
Impact on Super Micro
Stock Reaction: Following the arrest, Super Micro's stock experienced significant volatility, dropping by approximately 27% in premarket trading.
Company Response: Super Micro stated that it is cooperating with the investigation and has placed Liaw on administrative leave. The company is not named as a defendant in the case.
Broader Implications
This incident raises serious concerns about compliance and governance within Super Micro, which has faced scrutiny in the past for various regulatory issues. The ongoing investigation highlights the challenges in maintaining control over sensitive technology exports amid rising geopolitical tensions.
SMCI stock jumped from $ 20s to almost $ 1200 in less than one year in 2024 and crashed down back to 20s again due to frauds
https://www.businesswire.com/news/home/20260320952669/en/Securities-Fraud-Investigation-Into-Super-Micro-Computer-Inc.-SMCI-Announced-Shareholders-Who-Lost-Money-Urged-To-Contact-The-Law-Offices-of-Frank-R.-Cruz
I googled what causes the stock to rise and fall… it’s just the buying and of stock. The increase in stock price reflects that a lot of people recently starting to buy Intel stock compared to people selling the stock. It’s perception and not a real reflection of how the company is doing. Interesting timing for takeoff though. Wonder what prompted it.
Sold at $20 did ya.