Avoid SMCI due to credibility risks from self-audit; chart strength does not outweigh potential collapse on bad news.
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Someone wants our thoughts on SMCI. >> I haven't looked at it in weeks, man. Did it explode with Dell or opposite? Let's see. >> Not SMCI. I mean, it's been moving up. They had a nice earnings report. I remember we did play it that night.
The issue here is the issue everyone knows about is is credibility and is there under the closet with um they they audited themselves and they came out and said they're perfect angels. Remember that?
I they said it was a third party that they hired, but um I don't know. Like I don't know. when it comes to stuff like this, like why why bother when there's a potential risk? Like there's so many companies that don't have any kind of potential issues.
The chart the chart does look good and strong, but we've also seen the chart collapse on bad news. So,
What this channel has said about $SMCI
Benzinga has only this one call on this stock.