This has been the most time I've ever spent researching a stock. I will start firstly with my positions. 6 calls 50 strikes March 21, 2025, 6 calls 60 strikes March 21, 2025, 5 calls 75 strikes January 15, 2027. During this once-in-a-lifetime bull run, I will also vow to load up on additional calls (March 21). So far, in matters of relevance, key indicators have been used based on relevant facts over BS fiction short seller reports. Let's look at historical facts and readily available information. This company is BRUTALLY HONEST, the News of which is misleading. I will have \*EXACT WORDS\*
Key reminders \*EXACT WORDS\* for most import non-word salad direct facts pulled from IR page and Edgar filings that were statements made from SMCI.
1) September 14, 2017. The initial delay in 10-k. \*EXACT WORDS\* "The Company is unable at this time to provide a date as to when the review and the audits will be completed." this is over internal controls over financial reporting for June 30, 2017, 10-k... "Company operating expense expected to be higher for the quarter because of legal and accounting costs."
2) January 30, 2018. Fin info/Management changes/delayed sec filings update... "Audit Committee completed disclosed investigation. We will need additional reviews before the finalized 10k report to determine if changes will need to be made. KEY UNABLE THIS TIME TO PROVIDE DATE FOR 10-K." Today's new CFO is Kevin Bauer. Needs plan update on FEB 28 for filings due March 13 "SEC Compliance."
3) FEB 20, 2018. The exact words 8 days before the deadline... I need more time for 10k and will request an extension on an update for FEB 28. If not granted, they said they had the option to appeal. (Was Granted) extended 180 days
4) May 3, 2018, Fin/Info Because I'm transparent, I include all "KEY POINT relevant updates to show endpoint differences in tones." Back to update, "Audit committee overseeing additional testing company believes it is nearing completion for \*current filings only\*. \*NOT INCLUDING 10K BACK TO BEARISH\*." Then it directly goes back to saying additional testing is required to analyze the impact on the company's historical financial statements and complete 10k... Back to square 1. They say they will file 10Q for sep30,dec31, and March 31 after the 10k release, but there is no update, and they say additional time is needed for 10k. He still needs 10- K by August 24.
5) July30/Aug 7 4Q fin. Results were scheduled for August 7 after the announcement on July 30 and rescheduled to August 21, on August 7. It's horrible News, as the update was critical at this point because delisting would occur if reports were not filed on August 24... This is where I believe all the people claiming SMCI are crooks. \*But keep in mind at no point did they warrant 10-K was anywhere near ready but consistently diligent with saying current reports are looking good "10Qs", but 10 K still needs extensive care and has to be released first, then goes on and says 10K still needs to go through extensive testing for historical info throughout 2017-2018 going all the way to final update\* Yes this information for investors would warrant an even further upset failing to produce positive News for compliance. But again, at NO POINT DID SMCI EVER POST NEWS OF 10 K progress nearing completion up until or by AUG24.
6) August 21 4Q Fin/Info is irrelevant; it is a separate article. SEC FILINGS... It says, as we all know, extreme leaps were made, but they came up short due to the pure magnitude of historical information that needs to be audited. Remember that the AI wave is pumping in tons of new business, and companies need extensive capital for pure growth to come. And also being blasted by legal fees and accounting costs crippling this company's margins and ability to keep up with demand. But at NO POINT EVER INSIGHTED SIGNIFICANT VALUE IN THE PROOF OF RELEASE OF 10K.
Part 2. (1B) 2024/5 current news. (1B1) News compares/contrasts the 2018 delist to the 25 News and relists 2020. (1C) Deception of short sellers HIDENBUGER (closed)actual truths and findings of (EY).
1B) August 28 Delays 10K internal controls over Fin. Reporting.
2B) November 5: A special committee releases information/SEC filing update \* investigation is complete on concerns raised by EY. No fraud or misconduct was found.\* \*But for remedial measures, strengthen internal governance and oversight functions\* says unable to give a time frame on 10k filings\* No auditor is the reason for that
3B) November 18 new auditor BDO. Ask for a time extension. \*November 20 says they will have all updated audited 10ks and 10qs within the discretionary period\* if it is granted time. This, along with the request for late filings of current quarters, is 10 qs.
4(B) DDecember 2review independent committee. It talks about recommendations for a new CFO, executives, and strengthening measures with more experience. As well what was supposed to be assessed raised by EY. concerns "(i) the integrity of the Company's senior management and Audit Committee, (ii) the commitment of the Company's senior management and Audit Committee to ensuring that the Company's financial statements are materially accurate, (iii) the Audit Committee's independence and ability to provide proper oversight over matters relating to financial reporting, and (iv) the tone at the top of the Company about rehiring certain former employees and financial reporting" All concerns raised by EY appeared to hold no weight, and SMCI was compliant with independent committee everything came back good... Very import read SMCI IR December 2 2024 recommend reading full document. Also, SMCI says they believe they will have all filings within the discretionary period. February 25
5B) February 11, 2024 Fin. Update business call. They said they believe they will file all past and current, up-to-date quarterly and yearly forms. By February 25. They can't say anything more than this, but it's a dead giveaway compared to the reports in the past. Also, I subpoenaed the court for a short seller report from Aug(Hidenburg) And all the suits caused by this. SMCI says these are without merit and that no past statements need restatements.
(1B1) January 9 2020 approved relist 14th first trade day.
(2B1) AUG 25, 2020 accounting investigation settlement. They never actually admitted to anything of fraud but indeed paid the settlement. Whether they cooked the books or not, they likely did. Do I find this necessarily bearish? For the time being, yes (2020).
(3B1) Compared, some factors had near resemblances. Based on reports raised by Hidenburg, EY.
(4B1) In Contrast, there was a reasonable likelihood that 2024 issues were raised for external Speculation. In 2017/18, there was a valid reason to believe that SMCI was cooking books.
1C) Hindenburg reports, I'll be 1000% honest: this is the laziest report I've ever seen written. I'll go straight down the list. The statement is fear-mongering availability bias practice; Hurryand reminds them of 2018. Anyways,. It says SMCI was listed in 2018. Get this. I quote, "By August 2020, found improperly reporting revenue and fined." It would've taken half a second to realize this was, for instance, for 2018 delisting. I will tell you that Smci execs after relisting. I will say this with this statement about hiring three execs back 3 months after reinstatement to scare people that they're doing the same thing. No evidence for years after has ever been brought up about the. SEC heavily looked into SMCI after initially relisting. This is absolute madness. Well, I don't need to tell you this is false because there are about five statements down. The new CFO, extremely honest, goes even further in-depth several pages down. Later in the article,. It goes on and on about how great Kevin Bauer would never steal. Then, he says that SMCI cut his head in 2021 so they could get going. He talks about how the SEC liked him and how SMCI feared him being too fair and honest. But as mentioned, they were already improperly recording revenue 3 months after reinstatement. Then he seems to go on about them doing business with his brothers, about an industry I know well. It looks like this brother's company does sub-assembly, a massive manufacturing tool. I'm sure it's way cheaper labor overseas. Then, it acts as if SMCI is wrong for not disclosing them when they didn't have to until the filing. EY was also going through losing 84 companies because they were labeled the company with the most mistakes made by mad numbers. It costs 200 million dollars with all of these losses for EY. This was a perfect chance for EY to take the steam off their sales and prior failures. Anyways, all the information claimed on SMCI has now been claimed as false. Not only this, but EY did all the 10-Q for 2023. Why did they wait untilmid-Octoberr afterHindenburggreportedt a year after to report all of SMCI frau?.
(My personal opinions) I'm no politician; I believe in full transparency and straight due diligence that bring the best results—leading me to think that most of these BS seller reports caused mass panic and now boom over 84% Institutional ownership with numerous reports of institutions buying hundreds of millions of shares at highly discounted prices. Institutions picking up SMCI hand over fist. I think this is genuinely an exceptional chance to get in on an outstanding mega-value stock that legit has endless growth for the foreseeable future with a PE that's laughable to the industry average that will also see 100's of percent growth over the next year and, realistically, with market sentiment and positive News this stock pumps back to ATH when EOM discloses News I hope this information brings peace also how trash and deceptive short-seller reporters Hidenburg, in this instance, are to fear-monger retail investors by using a stock that was delisted in the past to bully retail investors, feeding them BS day in and day out and using lies from past to fuel fires of improbable events to give institutions just enough time to add to the fuel if what I say was correct short seller report caused these events to occur massive market sell-off, obviously who got the News first came up with the BS. Short sellers boom huge short nose dive, eventually causing retail investors to stop losses to trigger indexes to drop stocks because of risk factors. Causing more scare spiking, more considerable sell-offs, 401 k funds Dropping the stock, Nasdaq 100 removal, more sell-offs, boom institutions buy up vast amounts of shares for discounts EOY (Corruption) thinking now we start to see index funds start loading up on this stock due to institutional investors sentiment, belief this with intense outlook we will get smashed somewhere in the middle as everyone starts to buy back over next couple months. Oh well, use this info as you please. Warren Buffet's advice through investing in "Buy when there is blood in the streets" worked for me so far for CRWD, CRM, and SMCI on buying each of their crashes over their massive sell-offs on no fundamental changes. Many investors will take the most readily accessible news Shorts and news outlets and sell off quality stocks. This is the first time I've done this extensive research. I genuinely see the people who are incredibly convinced SMCI are pathetic liars never actually honestly watched any of the events or read any filings, etc., or they would never have had a reason to believe Charles Is lying after using absolute bull language like confident 10 K will be filed as well as being confidence it was good from the initial report but also realizing they grown such significant additional controls is needed so that they can focus full time on the HUGE AI BOM...this your chance for that "DANA 60 G's BABY."