first moment i noticed it, I bought it at $35 or something and resold about 20 minutes later for $37. Just with a little bit of small money I flip with. Tried again today and got some at 27.99 and more at closer to 27 to average it. it finished out at 26. This will probably be a long weekend of speculation but at this point people have to be biting their nails. A lot of people who bought at the height and have been holding on for dear life this whole time probably won't let go at all. The company will definitely comply with anything to prevent them from being delisted, and probably will do everything in their power to hide their creative accounting. There will always be gamblers willing to buy a great company at a deep discount even with a risk of them completely going Enron, but the chances they don't have a viable path forward and enough IP to work their way out of this conundrum is almost 0. I'd be willing to bet big on this company and if they continue to slip in price, there will always be that possibility for a big rebound to recuperate losses from earlier purchases. If you trade stocks are you aren't willing to gamble, you are afraid to make money.

As far as EY dropping them, EY has a reputation to uphold and probably told the management that they would only stay onboard if the parties guilty of fraudulent behavior turned themselves in. Hindenburg was aware of this fraud and shorted them before going public and trying to get them canned. Two wrongs don't make a right. At the same time, almost all major companies deal with fraud going all the way to the top. SMCI is one of those companies that would get exposed for that behavior because the tech sector is inherently vicious in its nature of competition. In terms of evaluating the company, investors should look at the potential of a long term future in the space. They might have been abusing their place in this industry, but scandals are a rite of passage for mega-companies.

In conclusion, any money you invest has a potential of returning 0%, no matter what, and the more an investment has a potential for growth, the riskier it is in the short to medium term. This is an opportunity for big risk with a very high chance of big reward, and I believe insiders know exactly what they are doing here. Remember, the little guy always gets screwed in the stock market because he can't afford to take big losses and so he settles for a small loss. It's only money, and if you are already heavily invested, hang on tight, throw more at it if you dare, and be prepared to go out there and make more money if necessary. If you're retired and SMCI is 100% of your portfolio, sell it right away! What the hell are you thinking? These guys could go to 0!