SMCI seems to be holding its post-earnings gains

It’s down a few percentages today, but oft-featured Super Micro, seems to be holding most of the 30% it has gained this month.

This, despite the fact, that their auditors fired them because “they couldn’t trust management”, being threatened of de-listing by Nasdaq, and oh yeah: one of their founders being charged by the feds for violating export laws to China. Don’t worry, though. The company’s own internal investigation has cleared the company and its CEO from any wrongdoing.