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A Pure Hate Short on SMCI

In August of 2024, JR Romero called Super Micro (SMCI) the Bernie Madoff of tech because of their unsavory business practices.

Today, the stock collapsed after three men connected to the company, including the co-founder, were indicted for smuggling Nvidia (NVDA) AI chips to China in violation of US Law.

This led to a “pure pleasure” short in SMCI today:

JR also goes over:

  • Why he put on a “Hate Short” on SMCI
  • How he found out over 20 years ago that SMCI was shady
  • Why he does not trust this market
  • How the SPX could hit 5,500 in a breakdown
  • The reason the Private Credit market is a big problem

And more!