Reply to post: Re: Is SEC still hibernating?

Super Micro China super spy chip super scandal: US Homeland Security, UK spies back Amazon, Apple denials

EveryTime Silver badge

Re: Is SEC still hibernating?

> "It caused the SMCI stock to drop more than 40%! Is SEC still hibernating?"

SMCI was recently (August 2018) de-listed by the SEC because they cheated on revenue recognition, and couldn't sort out the accounting for re-stated revenue figures before the SEC deadline.

That makes SMCI stock price hit less actionable. If the story is wrong, they have a case, but it's an uphill battle.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019