...do you see a giant X-tree unfolding?
...meteoric rises in stocks like this that is accompanied by strong hype and excessive market exuberance and speculation are often tied to strong growth, and sometimes these strong growth should be viewed with circumspect, remember BIG?
...now the company is under probe by DoJ (Dept of Justife) for alleged accounting violation (aka fraud) by an insider whistleblower. And SMCI is I believe the 3rd biggest contributor to NVIDIA revenues.
...lets hope we don't see an Enron here. SMCI is a red flag that market valuations may have run substantially ahead of true accounting reality.
5 year view
SMCI Stock Price and Chart — NASDAQ:SMCI — TradingView
...do you see a giant X-tree unfolding? ...meteoric rises in...
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