Super Micro Computer’s (NASDAQ: SMCI) stock price has wallowed near long-term lows because of sentiment and fears of financial misconduct. However, let’s face it: the Q2 results weren’t bad, and sentiment is rapidly improving because of a robust outlook. The results include some weaknesses, including guidance for the rest of the fiscal year, but each negative is offset by a positive, and there is an expectation that last year’s reports will soon be filed.
That is the primary risk; the reports are expected in February and can unleash a market ready to rocket higher or end the bull case scenario.
