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Insider were buying on 30th Oct 2024

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  • Dragonkhin OP : Or they didn't know E&Y will resign?

  • Bullish Beast : u think can u buy more.. no need ask lah

  • 74754703 Dragonkhin OP : They clearly bought after they did, do you know how dates work……

  • 105251507 : that before ey resign bro..they pretty sure that ey gonna sign..

  • 咖波猫 : not rlly, the time to buy is when their fking ceo come out to explain something from months ago e.g. hidenburg report, otherwise is just a fking bottomless hole now and just keeps getting lower everyday and ppl thinks $34 is the dip.

  • 72993459 : yes insiders are buying even on Robinhood they tell you

  • 10baggerbamm : you don't know the cost basis of what they bought they could be awarded options for free they could have warrants that their exercising at $10-15 dirt cheap that are deep in the money. I wouldn't read into this as bullshit all I wouldn't use it as part of a decision making Factor. I've said this before it wouldn't surprise me if the SEC gets involved this week if the stock halts trading
    the only way that I would go near this is strictly using options so you know exactly if you risk $1,000 or $500 or $10,000 buying a call option that's out of the money go back to $40 and go out one month because this problem with this company is going to be resolved in the very near future.

  • 10baggerbamm : either it's getting delisted or they're going to find an accredited accounting firm that will accept their financials and they will sign off on it and the stock is going to pop, so it's a tale of two stories in my opinion it's going to be removed from the NASDAQ. it'll halt trading and that's all she wrote ...you're done, because if it goes to the pink sheets this spreads will be absurd you could have a $5 spread between the bid and offer you're basically at a complete loss if it goes to the pinks.  alternatively again if they can find an accounting firm and they can get their financials filed in time you're going to see a pop out of the stock but understand it's not going to recover all of its losses it'll be a percentage it might be 50% of the losses it's not going back to where it was 2 months ago on a bounce. they're always will be a credibility issue with this company on every quarter and it will be at a discount even if 2-3 years from today they're completely vindicated there's people that will say I don't fucking trust them there's always that chance that out of nowhere Hindenburg puts out another report or you get an insider that leaves or disgruntled board member that leaves and drops a statement...
    understand this company is like walking through a field of landmines and you're blindfolded the probability of you making it to the other side without blowing up is very very slim.

  • 咖波猫 74754703 : base on that reply, i guess u lost alot of money now for buying smci when u think it was the dip lmao

  • Asharil Suhardi : charles liang also buy.... what happen

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