Where Will Super Micro Computer Stock Be in 1 Year?

With shares down by 70% over the last six months, Super Micro Computer (NASDAQ: SMCI) is in a tailspin. While revenue and earnings continue to break records, the good news has been overshadowed by uncertainty about the company's internal controls. These issues came to a head with the recent resignation of Supermicro's auditor, Ernst & Young, which cited an unwillingness to be associated with the company's financial statements. Let's dig deeper to see what this crisis could mean for shareholders over the next year and beyond.Short-seller organizations can be easy to hate because of their self-serving business model and conflicts of interest. Typically, these outfits will have a position in the companies they criticize, allowing them to profit dramatically from bad press, even if it isn't true. But in some cases, they draw attention to problems that other investors overlookedContinue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool