I AM GOING TO RISK BEING CENSORED BUT SOMEONE NEEDS TO SAY IT
Updated
IF YOU HAVE TO CENSOR THIS POST I WILL UNDERSTAND, BUT IT IS ALSO A FACT THAT THE REGULATORY SPHERE IS A PLACE WHEN SOME COMPETE - ASIDE FROM EFFICIENCY INNOVATION - THERE IS THE REGULATORY CAPTURE WORLD IN COMPETITION. IGNORING THS IS NAIVE .... WE SHOULD ALL LOOK OVER OUR SHOULDERS. SO CENSORES, MY APPLOLGY AND FEEL FREE TO DELTE THIS POST IF YOU HAVE TO - this one in my personal opinion. Charles Liang the CEO has a sterling reputation, an inventor, intelligent and super capable. The NVDA CEO has many excellent comments about SMCI and Elon has they buiding the frontal cortex for GROK. That is plenty of endorsement for my peace of mind.
Oh my god, SMCI is mushrooming like wildfire, NEW FACTORY IN MALAYSIA and yet EY sabotaged it. Ask the Chair of EY why, she reads Michelle Obama's books.
No wonder, mmm, smells like concerted regulatory capture to me, but we have Trump in now ....EY should replace her fast.... (my opinion).
Charles Liang the CEO of SMCI has a sterling reputation. I don't believe a thing that was printed to crash SMCI ... this has been a bear raid swindle in my opinion. Organized, concerted and deliberate.
The Hindenburg accusations are dangerous, the rules at the SEC are not a joke, one little mistake can cost you, ask Elon about them. and EY refusing to audit SMCI, come on you ask for the General Ledger and audit, counting beans is no big deal.
This in my opinion was political and concerted. I rather make money cleanly. I bought the dump, sure, it is a great opportunity in my opinion, but does it have to be this way? Volatility of this kind, the bear raid kind, benefits no one, except actors that specialize in borrowing your shares, sell them and they buy the company on the super cheap. Value destruction by bear raiding is not the kind that should be excused. I think Hindenburg and EY will have a lot to explain in the future. I want to add two or three cents, how many people are inside EY taking notes about every other company and then sharing them with political factions like the Obamas and Pelosi of the world. I wonder how reputable is a company that overtly pledges allegiance to the left that has made Billions if not Trillions disappear in thin air.
I beleive it will be necessary for the DOGE department to not only explore modeling revenues and expenses and efficiency in government, but also rating agencies, large accounting shops like EY especially if the Chair is political as demonstrated by her messages. This is pathetic, in her bio, a section alludes to her readings. and the title is Michelle Obama - make me laugh..... or make me pay attention instead !
What do you think. is everything swampy or am I paranoid ?
Should we as a society guard against arbitrary decisions that harm our best companies?
Changing the culture at the SEC to drive it away from the reciprocal sympathies shorts and the SEC seem to have for each other. Jim Chanos had presentations at the SEC multiple times, and then can we count how much value destruction Chanos has under his belt?
Accounting forms like EY (Ernst and Young) for example should not be allowed to refuse to render services for any reason. That should be construed at fomenting regulatory capture. Moreover all accounting forms must stated upfront what documents are required and accept them as provided. And then generate their report. Period, EY is not god, and cannot arbitrarily refuse service. I think their licenses should be pulled, because of their refusal to render services.
Oh my god, SMCI is mushrooming like wildfire, NEW FACTORY IN MALAYSIA and yet EY sabotaged it. Ask the Chair of EY why, she reads Michelle Obama's books.
No wonder, mmm, smells like concerted regulatory capture to me, but we have Trump in now ....EY should replace her fast.... (my opinion).
Charles Liang the CEO of SMCI has a sterling reputation. I don't believe a thing that was printed to crash SMCI ... this has been a bear raid swindle in my opinion. Organized, concerted and deliberate.
The Hindenburg accusations are dangerous, the rules at the SEC are not a joke, one little mistake can cost you, ask Elon about them. and EY refusing to audit SMCI, come on you ask for the General Ledger and audit, counting beans is no big deal.
This in my opinion was political and concerted. I rather make money cleanly. I bought the dump, sure, it is a great opportunity in my opinion, but does it have to be this way? Volatility of this kind, the bear raid kind, benefits no one, except actors that specialize in borrowing your shares, sell them and they buy the company on the super cheap. Value destruction by bear raiding is not the kind that should be excused. I think Hindenburg and EY will have a lot to explain in the future. I want to add two or three cents, how many people are inside EY taking notes about every other company and then sharing them with political factions like the Obamas and Pelosi of the world. I wonder how reputable is a company that overtly pledges allegiance to the left that has made Billions if not Trillions disappear in thin air.
I beleive it will be necessary for the DOGE department to not only explore modeling revenues and expenses and efficiency in government, but also rating agencies, large accounting shops like EY especially if the Chair is political as demonstrated by her messages. This is pathetic, in her bio, a section alludes to her readings. and the title is Michelle Obama - make me laugh..... or make me pay attention instead !
What do you think. is everything swampy or am I paranoid ?
Should we as a society guard against arbitrary decisions that harm our best companies?
Changing the culture at the SEC to drive it away from the reciprocal sympathies shorts and the SEC seem to have for each other. Jim Chanos had presentations at the SEC multiple times, and then can we count how much value destruction Chanos has under his belt?
Accounting forms like EY (Ernst and Young) for example should not be allowed to refuse to render services for any reason. That should be construed at fomenting regulatory capture. Moreover all accounting forms must stated upfront what documents are required and accept them as provided. And then generate their report. Period, EY is not god, and cannot arbitrarily refuse service. I think their licenses should be pulled, because of their refusal to render services.
Trade active
Just bought Myself some more SMCI - to me it is worth it, the Company is too important in this space. It has way too much business. It is the best in the space, and the FUD has been a swindle, and I question Ernst and Young involvement as well, Jannett the CEO is an Oamanoid, judging by her prominent display, she is reading Michelle Obama ? I don't know anyone smart reading an Obama self touting soap opera book that is irrelevant to many of us, and Borrrrinnng. You only do this to signal Hey I am woke and you are dealing inside the network... but te network has been found to be a cheating operation. Trillions mission from the government ledger, where is EY refusing to audit????:? why does EY not refuse to audit the Obama Books. ?????Trade closed: target reached
okk sorry I meant to say the Joe Books Note
wronk pressed the wrong button target is above $80 Note
wrong. not wronk sorry for the typing .... Note
read this, the Noise about EY is starting to expand - A high-profile acquisition of a substantial division of a Big 4 firm by a Private Equity firm seems increasingly imminent. With PE investors demonstrating a strong appetite for opportunities in the professional services sector, we are already witnessing valuations for tier-two accountancies and boutique consultancies reach new highs.
The Big 4 are facing mounting pressures: stricter regulatory scrutiny, shrinking profit margins, and intense market competition. As a result, there is growing recognition among Partners of the need to explore more flexible, value-oriented models. For some, spinning off divisions into PE-backed structures is emerging
as an attractive option to unlock growth and enhance operational agility.
We have already seen notable examples of this shift take place in Europe. KPMG UK led the way by selling its pensions advisory arm—now Isio—to its management team and Exponent Private Equity, followed by the divestment of its restructuring business to Interpath. Deloitte UK made a similar move, offloading its restructuring division to CVC-backed Teneo. More recently, interest in EY UK’s consulting division quickly emerged, with TPG making an approach in August 2023, although EY ultimately declined.
PE firms bring a unique value proposition: an infusion of capital coupled with a revised operating structure, away from the traditional partnership model. This combination could accelerate innovation and expansion in these newly spun-off businesses, enabling them to broaden service offerings, invest in cutting-edge technology, and enter new markets at pace. Once freed from the limitations of the partnership model, these divisions may become strong competitors, challenging their former parent firms.
The ripple effects of these changes could be significant. As PE-backed entities gain market share and disrupt client relationships, the remaining Big 4 firms may come under increasing pressure to adapt or pursue similar strategies. This evolving landscape suggests a broader transformation in the professional services industry, with traditional models giving way to more dynamic, investor-led approaches.
Note
I would recommend to be carful at this time as the hour approaches for the compliance or noncompliance..... I did side step here....... with a temporary loss bit not as big as yesterday.....
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