SMCI sucks and you're a sucker for buying it
Posted: Nov 19, 2024
- Company being discussed: Super Micro Computer, Inc. (SMCI)
- Allegations of fraudulent practices by CEO and brothers
- Overvaluing property and selling to SMCI at inflated prices
- Circulating parts through shell companies owned by CEO's brothers
- Faking deliveries to recognize revenue on incomplete sales
- Losing top clients and lacking competitive advantage
- Not recommended for investment as it is predicted to fail
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