1. SMCI's second direvative of growth rate is negative
2. It does not defend short sellers accusation;
3. It delays K-10, citing that "Additional time is needed for SMCI’s management to complete its assessment of the design and operating effectiveness of its internal controls over financial reporting as of June 30, 2024." Read this words carefully. Do not interperat it from wishful thinking.
Be disciplined, unless you know with high confidence and high probability that the outcome of the k-10 delay is positive. Keep your capital safe.
