At the Seeking Alpha website on Tuesday evening, the night before Ernst & Young resigned as Super Micro Computer’s auditor, an anonoymous poster named mpcascio expressed a combination of grim resignation and tenuous hope in the comments section of an article about the company.
“I feel like a bag holder but I’m in deep enough that I’ll let it run. I can’t see how a company could go off the rails so quickly unless the malfeasance by management is gross. Earnings should be interesting. I’ll sell calls against the position and will eventually be okay. Fingers crossed for no more surprises.”
[Narrator: There was another surprise.]