Time can be quite nasty! My Super Micro just got hit!
Shares in Super Micro Computer (Nasdaq: SMCI) are falling off a cliff this morning after news that the U.S. Department of Justice (DOJ) has charged the company’s cofounder and two other associates with conspiring to deliver restricted AI technology to China.
I bought back my calls. Now I need to watch further market action to see what needs to be done. Don’t panic sell.
The Captain