What Happened with Supermicro?
Huh.  so shortly after the story broke, I bought a bunch of SMCI. (It's actually the first OTC stock I've ever bought.  It was easier than I thought, too... I had to call vanguard to enable OTC trading, but after that? super easy.)   I sold it  months later, at a pretty good profit, mostly 'cause while I think the bloomburg accusations are clearly false, there are huge accounting irregularities surrounding supermicro; getting delisted is no joke,  and I'm super not qualified to evaluate that sort of risk.but, my reasoning?  my reasoning was that if it was a widespread physical hack, someone would discover it fairly quickly;  I mean, people were tearing these boards apart, looking for anything.  There's no way they could keep that quiet, even if they were willing to disappear people.I can tell you that within my peer group, Bloomberg has taken a pretty huge reputational hit.   I mean, sure, we all still read 'money stuff'  because it's "the daily show" for financial news.  It's great entertainment, and moderately edifying. But, you know, it's one of those things where after a newspaper writes about something in your field, you start wondering if they are that ridiculously uninformed about the things that aren't in your field.So, I felt really pretty safe with buying in the dip.