Super Micro Computer Inc (SMCI)

[littlejohn]

Had a stock suit pay less than 1%

of the original loss in past...

Attorneys made great money on it...

Best chance of restoring equity invested

is staying in and seeing a positive

outcome after the short attack...

Class action suits are chasing hearsay

of a stated short position player...

Which could be a tell for watchers...


So we watch...LJ

[fung_derf]

I dunno. It's hard to find any useful news through all the lawsuits

[littlejohn]

So let's say they get an extension from

Nasdaq on the listing since they are

delinquent since Tuesday, 09/17/24...

Doesn't that halt the stock split until

they regain filing compliance?...

It definitely halts any share sales which

should include insider share sales under plans...

SMCI has a lot folks holding shares

under water now...

Needing to see that filing...

the heck with spell check,,, file IT!...

so we watch...LJ

[littlejohn]

wasting money on pr and can't file...

so we watch...LJ

[abrooklyn]

Supermicro's New Multi-Node Liquid Cooled Architecture with Maximum Performance Density Purpose-Built for HPC at Scale

Source: PR Newswire (US)
The New Rack-Scale Ready FlexTwin™ Systems Deliver Unprecedented Compute-Density in a Multi-Node Form Factor, with DLC dual CPUs up to 500W Each per Node, Front Node Access and Optimized Networking

SAN JOSE, Calif., Sept. 19, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI) a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge is announcing the all-new FlexTwin family of systems which has been designed to address the needs of scientists, researchers, governments, and enterprises undertaking the world's most complex and demanding computing tasks. Featuring flexible support for the latest CPU, memory, storage, power and cooling technologies, FlexTwin is purpose-built to support demanding HPC workloads including financial services, scientific research, and complex modeling. These systems are cost-optimized for performance per dollar and can be customized to suit specific HPC applications and customer requirements thanks to Supermicro's modular Building Block Solutions® design.

FlexTwin

"Supermicro's FlexTwin servers set a new standard of performance density for rack-scale deployments with up to 96 dual processor compute nodes in a standard 48U rack," said Charles Liang, president and CEO of Supermicro. "At Supermicro, we're able to offer a complete one-stop solution that includes servers, racks, networking, liquid cooling components, and liquid cooling towers, speeding up the time to deployment and resulting in higher quality and reliability across the entire infrastructure, enabling customers faster time to results. Up to 90% of the server generated heat is removed with the liquid cooling solution, saving significant amounts of energy and enabling higher compute performance."

For more information about FlexTwin systems, please visit here.

This new multi-node design incorporates Supermicro's modular Resource Saving Architecture which uses shared power supplies and DLC of critical components to reduce raw materials usage, maximize power efficiency, and lower data center PUE (Power Usage Effectiveness). The new FlexTwin architecture includes a range of new and industry standard technologies which not only improve performance but also enhance workload flexibility and serviceability for large-scale data centers.

Support for the latest generation of high-frequency CPUs up to 500W with DLC enabling compute densities unachievable with traditional data center air cooling
Multi-vendor CPU support with up to 12 memory channels per CPU
Front-accessible hot-swap compute nodes, I/O ports, and optional drive bays to enhance serviceability and simplify maintenance from the cold aisle
Enhanced reliability with redundant power supplies and hot-swappable liquid cooling pumps to minimize downtime
Optimized total rack level solutions for in-row and in-rack liquid cool deployments
To support the deployment of the FlexTwin architecture at scale, Supermicro offers rack-scale integration services to design, build, validate, and deliver complete solutions of any size thanks to an industry-leading global manufacturing capacity of up to 5,000 racks per month (including 1,350 liquid cooled racks), extensive rack-scale integration and testing facilities, and a comprehensive suite of management software solutions.

About Super Micro Computer, Inc.
Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.



(PRNewsfoto/Super Micro Computer, Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/supermicros-new-multi-node-liquid-cooled-architecture-with-maximum-performance-density-purpose-built-for-hpc-at-scale-302252626.html

SOURCE Super Micro Computer, Inc.


Copyright 2024 PR Newswire

[fung_derf]

Every now and then a stock comes along that throws me on how to play it. I own some shares that I'm down in, although I had made a bunch on the first run.
I am shocked it didn't fill in back under $400 this week, but I prefer to miss opportunity over money, so it happens.
Current resistance I'm seeing is at $600, but that's dropping so more likely around $582. Doesn't matter for me. I'm not adding unless it pulls back under $400.
The stock split is coming on 10/01 and that will make the share price jump. And who knows, I'm in the class action suit so maybe I'll get some money there as well.

[littlejohn]

SMCI needs to fill gap down from 656

set on 08/02 open from the

08/01 low of the day below close...

https://www.barchart.com/stocks/quotes/SMCI/interactive-chart/new

Gap down needs to fill prior to

the forward split...

Price could move slower or differently

after a forward split from the current

lower float numbers...

Folks still under water like me need a

goal to look for first...

Which depends on SMCI doing their

10K filing Totally...


so we watch...LJ

[fung_derf]

Well, I've been using TA since 1994 and I live on my investments so I think it's useful. Just don't listen to the dummies who try to use it for day trading. Most read the charts completely wrong.

[littlejohn]

Outdoor network tech system video to watch to

pass time while waiting...

so we watch...LJ

[littlejohn]

ok, will play along that line and gonna

wait for daily gap on HPE

to fill before entering again...

not sure how much t/a works with

SMCI in such dire straights now...

you might by weakness because you

like a certain number?...

so we watch...LJ

[fung_derf]

I'm a technical analyst type and DELL has a better chart than HPE.

[TrendTrade2016]

SMCI...MAGNET 1.40

[littlejohn]

HPE had higher gross margin than DELL

in recent quarter,

and much higher than SMCI...

click on quarterly in each link...

https://www.otcmarkets.com/stock/HPE/financials

https://www.otcmarkets.com/stock/DELL/financials

https://www.otcmarkets.com/stock/SMCI/financials

Guess who didn't do a cut rate contract

with Tsla in that quarter?...

The short attack may also be designed to

push money flow toward DELL since it

keeps getting pumped with SMCI in the

Ai roll out reviews...SMCI price has now

been beaten down to lower margin look...

Longer term, the margins, may be higher

in the clouds...


So we watch...LJ

[fung_derf]

No genius status at the moment. I WAS a genius for buying some of this at $37, but not enough of one to buy 1000 shares at the time.

[fung_derf]

I almost bought on the opening when it opened down $26, but I'm gonna wait. Probably a signal I should move along, but I still believe in under $400 is where I should be buying. And yes I know I've raised my price from closer to $300.

[littlejohn]

30 minutes to we may crown you genius...

5:30 et, 4:30 ct...

so we watch...LJ

[fung_derf]

LOL...today's news stories look hopeful.....

• ACW 08:46 AM Super Micro Computer, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - SMCI  
 • PRN 08:15 AM SMCI Investors Have Opportunity to Lead Super Micro Computer, Inc. Securities Fraud Lawsuit with the Schall Law Firm  
 • ACW 07:18 AM Super Micro Computer, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - SMCI  
 • ACW 07:02 AM SMCI Shareholders Have Opportunity to Lead Super Micro Computer, Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!  
 • ACW 06:49 AM Super Micro Computer, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before October 29, 2024 to Discuss Your Rights - SMCI  
 • GNW 06:34 AM SMCI INVESTOR DEADLINE: Super Micro Computer, Inc. Investors that Lost Money are Reminded to Contact BFA Law by October 29 Court Deadline in Class Action Lawsuit (Nasdaq:SMCI)  
 • PRN 05:45 AM Class Action Filed Against Super Micro Computer, Inc. (SMCI) Seeking Recovery for Investors - Contact Levi & Korsinsky  
 

[fung_derf]

Welp, dang it! The stock did surpass last weeks high. Still not adding more shares yet though.
Being incorrect feels so dirty. How do others deal with this?

[fung_derf]

HPE looks awful! A bounce from its dive is not a positive, even though the P/E seems too low.
DELL may be ready to hold its support level.
SMCI still hasn't hit last weeks high so I still believe a drop to at least mid $300's is coming. Current support now around $307

[Bountiful_Harvest]

Where's SMCI's 10k? Grace period ends today.

[littlejohn]

HPE up almost 3%, DELL up over 3%,

buyers found other choices Thursday...

so we watch...LJ

[fung_derf]

To be fair, there are many great companies that have certain law firms pushing for class action suits. I've made money before on stocks with suits filed. The lawyers have their goals as well.
Not saying there are or are not issues here, but a class action means little. Starbucks is going through one now.

[Bountiful_Harvest]

Gee, I wonder why $SMCI hasn't filed their 10-K. It looks like they're going to have some tough questions to answer on the SEC matter, and then the incoming lawsuits...One has to ask, are there any other AI companies that will be dragged into this??

[Bountiful_Harvest]

*SUPERMICRO FRAUD LAWSUIT*

- Overreported sales, underreported expenses

- Rehired execs from prior accounting scandal

- Exported to restricted areas despite U.S. sanctions

- Misled investors, resulting in significant losses

$SMCI

https://www.accesswire.com/916518/the-schall-law-firm-seeks-help-from-shareholders-in-a-lawsuit-against-super-micro-computer-inc-for-securities-law-violations

[littlejohn]

After 5:30 ET-pm today, gets bad luck date

of Friday 13th if filed Friday...

we won't need to watch it if they

don't file...

pretty crappy way to report anyway

you look at it, Imho...

so we watch...LJ

[fung_derf]

This week, if it goes over last week's high of $464, then I screwed up.

[Bountiful_Harvest]

By any chance has anyone heard on SMCI 10-K?

[littlejohn]

SMCI posting profit since 1990 may have

more credibility than short attackers...

https://financhill.com/blog/investing/is-smci-profitable

Just going with more logic than

emotion at this time...

Friday tested bottom support range around

385 to 400 area which should be reserved

for severe economic recession period...


So we watch...LJ

[fung_derf]

I think we still have 1 more week of down. I'm going to risk waiting although I may be too greedy. I can't imagine this doesn't bounce up a bunch after 10/1.
Better to be a bit late than way too early. JMO, of course.

[littlejohn]

SMCI is splitting 10:1 effective Oct. 1, 2024

that is from the Yahoo link...

https://finance.yahoo.com/quote/SMCI/

10 shares become 100 shares when a

10:1 forward split is done, and price generally

trades at 10% of recent days close...

$386 to $38ish post split at current price area...


$850 price target is the average of analyst

estimates shown on Yahoo...$85 post split...

$694 price target is the average of analyst

estimates on Market Watch from a bigger

pool to average from...$69 post split...

https://www.marketwatch.com/investing/stock/smci/analystestimates

Six analyst shifted to hold in past 30 days...

Trigger was delay of 10K filing for most analyst...

SMCI needs to get the 10K filing out Yesterday...

Recent video for fans on new Intel compatible product...

Haven't seen any big tech companies lower

their prospects for Ai recently while their

shares have been dropping...

HPE is down 16%+ since July after

reporting making more money...

bathwater is full of companies getting

tossed out right now...

SMCI needs to get 10K filing released...


So we watch...LJ

[fung_derf]

Not to be greedy, but I'd rather buy late on the way up than early on the way down.
Current support around $305. Not sure it gets quite that low, but I'm holding off.

[MagicSchoolBus DropOut]

Theta burning at its fucking FINEST!

[littlejohn]

QQQ,,, SMCI is down about 53% since Nasdaq

100 announced plans to include SMCI...

07/12/2024...$909...
09/04/2024...$423...
minus about $486/share or about 53%...

https://www.barchart.com/stocks/quotes/SMCI/interactive-chart

https://www.nasdaq.com/press-release/super-micro-computer-inc-join-nasdaq-100-indexr-beginning-july-22-2024-2024-07-12

https://www.investing.com/news/company-news/supermicro-joins-nasdaq-100-index-amid-growth-93CH-3519454

SMCI lost over 13% from the 07/12/2024

announcement until closing of day being

added to Nasdaq 100 on 07/22/24...

07/22/24...$786 down from $909...

And that would make you wonder if you

were sold some hype...

But there are folks in index reviews and

doing share underwriting that most of

count on to be smarter than most of us...

So we wait to see if the bear attack crew

just had smarter folks than Wall Street...

Impatiently waiting too...


So we watch...LJ

[littlejohn]

couldn't resist, half of where first buy was...

highly speculative, of course...

so we watch...LJ

[fung_derf]

Steady.....steady....don't fire yet boys

[Helter Skelter]

$SMCI NEWS... 👉️ https://ih.advfn.com/stock-market/NASDAQ/super-micro-computer-SMCI/stock-news/94482306/form-8-k-current-report

Subject: Update from Supermicro CEO Charles Liang
Super Micro Computer, Inc.
980 Rock Avenue
San Jose, CA 95131 USA

September 3, 2024

Dear Valued Customers and Partners,

You may have seen our recent announcement that Supermicro will be delayed in filing its Annual Report for the fiscal year ended June 30, 2024, and separately, a report published by a short seller. I wanted you to hear from me directly about what they mean for you and our products.


Neither of these events affects our products or our ability and capacity to deliver the innovative IT solutions that you rely on every day. Our production capabilities are unaffected and continue operating at pace to meet customer demand. Our world class engineering and support teams are also unaffected and continue to build and deploy large scale AI Total Solutions. Our liquid-cooled solutions continue to ramp. We have shipped approximately 2,000 DLC liquid-cooled AI racks to customers, which we believe is more than 75% of the entire DLC liquid-cooled AI server market this calendar year. Ultimately, we remain well-positioned to deliver our broad product portfolio to you and our thousands of other customers around the world. Our primary focus remains to help you meet your IT challenges and execute your mission.

In terms of our Annual Report, the Audit Committee of the Board of Directors decided to delay the filing and, as we shared publicly, has also formed a committee to review our internal controls and other matters. The Board committee is working diligently on this thorough review.

Importantly, however, when we announced the decision to delay our Annual Report filing, we indicated that based on the work done so far, we don’t anticipate any material changes in our fourth quarter or fiscal year 2024 financial results. This is good news. I continue to have strong confidence in our finance and internal teams.

Additionally, we remain proud of our strong financial performance driven by our quest to serve your technology needs. We more than doubled revenues year-over-year in fiscal year 2024, which is more than 3 times the industry average, and we are efficiently growing our staff and investing further in innovation to enhance our capabilities. We are becoming stronger year after year.

Separately, you may have also heard about a recent report from a short-seller hedge fund that contains false or inaccurate statements about our company including misleading presentations of information that we have previously shared publicly. We will address these statements in due course. As you may know, short seller reports are designed to drive the stock price downwards to serve the short seller’s interests to the detriment of the company’s shareholders.

Your experience as our customer is our number one priority. That experience will not change. We are focused on delivering on our customer commitments and product roadmaps while continuing our robust growth and expansion to meet your evolving needs and support your business objectives.

As we look ahead to 2025, we are closing out a historic year with winning products, a record number of orders, a strong and growing backlog of design wins and leading market positions across a number of areas. Your trust in Supermicro drives that success. We are proud to be your partner and grateful for the opportunity to continue and further grow this partnership. Please do not hesitate to reach out to me or your relationship contact at the company with any questions. Thank you.

Sincerely,
Charles Liang
Founder, President and CEO

$SMCI

[littlejohn]

SMCI should pay Ernst time and a

half to work the Monday holiday...

They have the hindenburg cliff notes

that has moved billions of dollars...

And file the 10K early Tuesday morning...

It will really be disheartening if we find

out that Charles doesn't own a shovel

or hoe to plant any trees though...

SEC has the same cliff notes to check...

Doesn't sound like any Secret Agent Man

things to check out...

Who is at short stop, Wu is at second

base, and Who and Wu are brothers...

No one cares as long as they keep up a

good batting average and field without errors...


So we watch...LJ

[fung_derf]

I still don't believe it is done falling yet. I'm waiting to add. I'd rather miss it than lose money earlier than I have to.

[TheFinalCD]

https://x.com/READY_2_PROFIT/status/1829511621728932184/photo/1

[Bountiful_Harvest]

https://orcafin.substack.com/p/smci-an-intriguing-story

@JG_Nuke
Shout out to
@theOrcaFin
who had the goods on $SMCI and their incestuous corporate/family relationships with Ablecom and Cumpuware as early as May of this year! This substack write up he did appears to be the inspiration for Hindenburg's investigation.

https://x.com/i/status/1829315506555527538

[littlejohn]

Digital trackers,,,$600 put option volume on

Thursday was abnormally high...

$550 put option volume was high...

most likely profit taking with decay

faded and in case price reversed any...

https://www.barchart.com/stocks/quotes/SMCI/options?expiration=2024-08-30-w&moneyness=50

further digital tracking, $600 call held

steady open interest in prior week for

this Friday settlement, when share price

was in a stable, technical rebound pattern

from over sold...

those sold call owners stayed firm...

Tips on where to start are the easy part

on tracking the short attack collusion...

Hard working fingers of digital tracking

pros have the harder work...

My own WAG, is that SMCI has smarter

folks working there, than hindenburg ever

thought about attacking for profit...



So we watch...LJ

[littlejohn]

SMCI, 03/19/24, Goldman Sachs & Co., LLC., underwriter

for 2,000,000 shares at $875 per share...

03/22/24 8K filing link...

https://www.otcmarkets.com/filing/html?id=17391567&guid=ueO-keketg4T4rh

Both 2023 and 2024 Auditors were noted

in the documents...

(t)Independent Accountants. Ernst & Young LLP and Deloitte & Touche LLP, who have reviewed and/or audited certain financial statements of the Company and its subsidiaries, are each an independent registered public accounting firm with respect to the Company and its subsidiaries within the applicable rules and regulations adopted by the Commission and the Public Company Accounting Oversight Board (United States) and as required by the Securities Act.

10K filing for year end 2023 to SEC

had details disclosing Ernst, etc. replacing

Deloitte, etc. as company auditor after

that filing was presented...

03/15/23 - 8k Filing on Auditor change pending...

https://www.otcmarkets.com/filing/html?id=16493525&guid=ueO-keketg4T4rh


A random question since I didn't read

the hindenburg short attack piece...

Did hindenburg discuss the use of two

auditors by Goldman Sachs & Co., LLC.

to base their Underwriting?...


08/19/24 8K filing on loan from Bank of

America to SMCI for $500 million...

https://www.otcmarkets.com/filing/html?id=17692831&guid=ueO-keketg4T4rh

Another quick question...

Did hindenburg note any caution for Bank

of America lending over sight?...



So we watch...LJ

[littlejohn]

SMCI should pr July, 2024 revenue, focus on

green and not red gutter play...

NVDA day in limelight and not

to distract from it...

so we watch...LJ

[TheFinalCD]

Wow, that caught down fast. $smci today vs. $qcom in 2000 https://t.co/TZuB1kATxk pic.twitter.com/nRlbU1Mtq7

— Michael J. Kramer (@MichaelMOTTCM) August 28, 2024

[fung_derf]

Obviously talking pre-split right now. I'm not giving you the date to buy.....are you being intentionally obstinate?

[TheFinalCD]

Supermicro recently decided to reward investors with a 10-for-1 stock split, which goes into effect on Oct. 1. The company said it was splitting the stock to make it more accessible.

#REWARD🤑

If your third largest customer is committing fraud, is that bullish???

Nvidia $NVDA
Super Micro Computer $SMCI pic.twitter.com/pvwn1pFsPt

— Lawrence McDonald (@Convertbond) August 28, 2024

[TheFinalCD]

im not in already made my trades

+$9 per share profit

and another pic.twitter.com/w3578solgT

— THE FINAL COUNTDOWN (@READY_2_PROFIT) August 28, 2024

[Nebuchadnezzar]

you forgot the stock split

totally clueless

this stock is tarnished

[fung_derf]

Of course it will. Again, current support around $305 or so. A P/E under 20 and FP/E around 11. I'd be pretty surprised if we don't see a dead cat bounce to ...I'll call it around $580....but I'm not adding yet.

[Nebuchadnezzar]

dont worry it will go back up to $1000 again ;)

lolzzzzzzzzzzzzzzzzzzzzzzzzzz