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Super Micro Computer: Surprise Auditor Resignation a Big Warning Sign – Sell (NASDAQ:SMCI)

Posted on by Kennedy
Super Micro Computer: Surprise Auditor Resignation a Big Warning Sign – Sell (NASDAQ:SMCI)

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I am primarily a trader who makes both long and short intraday bets and occasionally short to medium term bets as well. My historical focus has been primarily on technology stocks, but in recent years I have also begun to provide extensive coverage of the offshore drilling and supply industry, as well as the shipping industry in general (tankers, containers, dry bulk). I am also closely monitoring the still young fuel cell industry.

I live in Germany and worked as an auditor for PricewaterhouseCoopers for some time before becoming a day trader almost 20 years ago. During this time, I managed to successfully deal with the bursting of the dot-com bubble and the consequences of the attacks on the World Trade Center as well as the subprime crisis.

Although I am not a native speaker, I always try to provide high-quality research to my followers and the entire Seeking Alpha community.

Analyst Disclosure: I/we do not have any equity, options or similar derivative positions in any of the companies mentioned and do not intend to enter into any such positions within the next 72 hours. I wrote this article myself and it expresses my own opinion. I receive no compensation for this (except from Seeking Alpha). I have no business relationship with any company whose shares are mentioned in this article.

I'm looking for Alpha's disclosure: Past performance is no guarantee of future results. No recommendation or advice is given as to whether an investment is suitable for a particular investor. The views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker, or U.S. investment advisor or investment bank. Our analysts are third-party authors, including both professional investors and individual investors, who may not be licensed or certified by any institution or regulator.

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