crowdcuff

@itsmorganariel This is hilarious... like a boyz club. No girls allowed. You'll give us cooties.

Beardson Beardley crashes out and admits that Nick Fuentes' followers are in "a cult." "Guess what? When people say this is a cult. It is a cult." He then says if anyone "goes against" Nick Fuentes, the Groypers will "fuc*king destroy them." According to Beardson, everyone who speaks about the Jewish influence in America needs to "get down on their hands and knees and suck Nick Fuentes' dick." These digital terrorists make themselves look bad and destroy any credibility to this movement all by themselves. If you speak like this, you are not Spirit-filled believer, you are not a "Catholic movement," and you will never exist outside the echo chamber of your mom's basement. You are a reprobate and God will never honor anything that you do. It's time to cut off the rotten fruit and move on without this dead weight holding us back. I pray these depraved souls repent and have a genuine encounter with the Lord Jesus Christ. God bless.

@DeepValueBagger @PopRedSmoke There may be thousands of other lenders out there but they are also all saddled with brick & mortar expenses that $SOFI is not, or, they may be fintechs but do they have a bank charter? This gives them access to the lowest possible "cost of capital" from the Fed window, right?

I sold $HOOD a month ago. $SOFI is definitely in that category. The age of agentic AI is no good. I talk about it alot. There are thousands of lenders out, WAY bigger than SOFI, hungry to build their own UI/product with Claude. It's an imminent danger. Review my old $HOOD posts when I sold.

So many saved from $IREN cult. Go forth and make some money!

@Finsee_main Thank you for this review.

$LGVN Q1 2026 earnings: A $15M Lifeline Buys Time for the August Binary Event Longeveron has officially entered a make-or-break window. A $15M upfront private placement stabilized the balance sheet, extending the cash runway into Q4 2026 and driving a 6% YoY reduction in net loss. However, the company is entirely dependent on the August 2026 ELPIS II (HLHS) Phase 2b data readout. The remaining $15M from the recent financing is milestone-contingent on these results. New CEO Stephen Willard is aggressively pivoting to an 'asset-light' partnership model, abandoning previous ambitions to self-commercialize. If the August data is positive, the company can unlock capital and pursue lucrative Priority Review Vouchers; if it fails, the company faces a severe existential cliff. Full article with charts - link in bio 🐂 𝐁𝐮𝐥𝐥 𝐂𝐚𝐬𝐞 • 𝐄𝐋𝐏𝐈𝐒 𝐈𝐈 𝐓𝐢𝐩𝐩𝐢𝐧𝐠 𝐏𝐨𝐢𝐧𝐭 — The Phase 2b HLHS trial results arrive in August. Prior Phase 1 data showed 100% transplant-free survival at 5 years. A repeat of strong efficacy opens the door for a rolling BLA submission. • 𝐀𝐬𝐬𝐞𝐭-𝐋𝐢𝐠𝐡𝐭 𝐏𝐢𝐯𝐨𝐭 — The new CEO is seeking strategic licensing for all four programs (HLHS, Alzheimer's, PDCM, Aging Frailty). This de-risks commercialization and reduces future CapEx requirements. 🐻 𝐁𝐞𝐚𝐫 𝐂𝐚𝐬𝐞 • 𝐓𝐡𝐞 𝐂𝐚𝐬𝐡 𝐂𝐥𝐢𝐟𝐟 — Even with the recent raise, cash only lasts into Q4 2026. The second $15M tranche is tied to August data. Any delay or mixed efficacy signal will immediately impair the company's ability to operate. • 𝐎𝐯𝐞𝐫𝐡𝐞𝐚𝐝 𝐌𝐢𝐬𝐚𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭 — Despite branding as 'capital-efficient', Q1 G&A expenses ($2.7M) continue to exceed core R&D spending ($2.3M)—a concerning ratio for a clinical-stage biotech approaching a pivotal readout. ⚖️ 𝐕𝐞𝐫𝐝𝐢𝐜𝐭: ⚪ Hold / Speculative. The recent financing removes immediate bankruptcy risk, but the investment thesis is entirely binary. The stock is a direct call option on the August ELPIS II clinical readout. 𝐊𝐞𝐲 𝐓𝐡𝐞𝐦𝐞𝐬 🟢🟢 𝐀𝐮𝐠𝐮𝐬𝐭 𝐇𝐋𝐇𝐒 𝐂𝐚𝐭𝐚𝐥𝐲𝐬𝐭 𝐢𝐬 𝐄𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 [NEW] The trajectory of Longeveron relies almost entirely on the ELPIS II Phase 2b data due in August 2026 for Hypoplastic Left Heart Syndrome (HLHS). The FDA has signaled this trial can serve as a pivotal study for a BLA submission. The recent $30M private placement heavily hedges on this: the second $15M tranche is strictly milestone-driven based on this readout. 🟢 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐭𝐨 '𝐀𝐬𝐬𝐞𝐭-𝐋𝐢𝐠𝐡𝐭' 𝐌𝐨𝐝𝐞𝐥 [NEW] Management is Reversing its commercialization strategy. Instead of building internal commercial infrastructure, new CEO Stephen Willard is prioritizing strategic licensing partnerships across all programs. By leveraging external CMOs for manufacturing, the company aims to drastically cut future capital expenditure. 🟢 𝐓𝐡𝐞 𝐏𝐑𝐕 𝐌𝐚𝐜𝐫𝐨 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 If approved for HLHS or PDCM, Longeveron could secure a Priority Review Voucher (PRV). Management noted the macro market for PRVs remains robust, with recent sales ranging from $150M to $205M. However, investors in the recent placement are entitled to 50% of the HLHS PRV proceeds, and the FDA's broader Rare Pediatric Disease PRV program faces a sunset risk. 🔴 𝐋𝐞𝐠𝐚𝐜𝐲 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐒𝐭𝐫𝐞𝐚𝐦𝐬 𝐚𝐫𝐞 𝐃𝐞𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐑𝐚𝐩𝐢𝐝𝐥𝐲 [NEW] Contract manufacturing revenue—once touted as a way to offset clinical costs—collapsed 84% YoY from $122K in 25Q1 to just $20K in 26Q1 due to reduced third-party demand. The company is now almost completely reliant on its clinical trial revenue (Bahamas Registry), which itself is a highly volatile, non-scalable cash source. 🔴 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐢𝐬𝐚𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐧𝐭𝐫𝐚𝐝𝐢𝐜𝐭𝐢𝐨𝐧 Despite management's narrative of strict cost control and a capital-efficient model, General & Administrative expenses ($2.7M) continue to eclipse Research & Development ($2.3M) in 26Q1. While total operating expenses declined 8% YoY, a clinical-stage biotech should not be spending more on administration than on advancing its core scientific pipeline—especially with a pivotal data readout just months away. ⚪ 𝐀𝐥𝐳𝐡𝐞𝐢𝐦𝐞𝐫'𝐬 𝐚𝐧𝐝 𝐏𝐃𝐂𝐌 𝐚𝐬 𝐒𝐞𝐜𝐨𝐧𝐝𝐚𝐫𝐲 𝐂𝐚𝐥𝐥 𝐎𝐩𝐭𝐢𝐨𝐧𝐬 The Laromestrocel (Lomecel-B) pipeline extends beyond HLHS. Following a positive FDA Type B meeting, the company reached alignment on a single Phase 2/3 trial design for Alzheimer's. Additionally, an IND is effective for Pediatric Dilated Cardiomyopathy (PDCM). Management is actively seeking non-dilutive partnership funding for both, which could provide surprise upside if executed. 𝐎𝐭𝐡𝐞𝐫 𝐊𝐏𝐈𝐬 𝐂𝐚𝐬𝐡 𝐚𝐧𝐝 𝐂𝐚𝐬𝐡 𝐄𝐪𝐮𝐢𝐯𝐚𝐥𝐞𝐧𝐭𝐬: $15.8 million Accelerating significantly from $4.7M at the end of 2025, driven by the $15M upfront portion of the recent private placement. While optics look improved, the cash burn limits this runway strictly to the end of Q4 2026. 𝐑&𝐃 𝐄𝐱𝐩𝐞𝐧𝐬𝐞𝐬: $2.3 million Decelerating. Down 8% YoY from $2.5M in 25Q1. Management attributed this to lower performance bonuses and the absence of a prior $0.2M amortization charge, partially offset by increased clinical spend for the upcoming August readout. 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 𝐂𝐚𝐬𝐡 𝐑𝐮𝐧𝐰𝐚𝐲: Into Q4 2026 Accelerating from previous guidance of 'late Q1 2026' given during the Q3 2025 update. The runway depends heavily on clinical spend remaining contained and assumes no immediate access to the second $15M tranche until milestone requirements are met. 𝐇𝐋𝐇𝐒 𝐁𝐋𝐀 𝐒𝐮𝐛𝐦𝐢𝐬𝐬𝐢𝐨𝐧: Late 2026 / Early 2027 Stable. The company continues to project a BLA submission following the ELPIS II data readout, contingent on positive results and the FDA accepting the Phase 2b data as pivotal. 𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐆&𝐀 𝐯𝐬 𝐑&𝐃 𝐈𝐦𝐛𝐚𝐥𝐚𝐧𝐜𝐞 Given the 'capital-efficient' mandate, why does G&A continue to run higher than R&D during the most critical clinical quarter in the company's history? 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐓𝐢𝐦𝐞𝐥𝐢𝐧𝐞 You intend to seek partnerships for Alzheimer's and PDCM. Are these discussions contingent on the success of the HLHS readout, or are they advancing independently? 𝐏𝐑𝐕 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜𝐬 With 50% of the potential HLHS Priority Review Voucher proceeds committed to recent investors, what is the net economic benefit modeled for the company, and how does the sunsetting of the FDA program affect negotiations?

@jonaaronbray @RealCandaceO @ckllr801 Thanks for your consideration. I just wanted to put the theory out there. My thought was that the Cross puncture happened when Charlie's t-shirt momentarily lifted above his chin, and then the whiplash continued with the chain breaking and whirling around his neck.

The necklace doesn't lift from his left shoulder while it whips up and around from his right side. This would suggest that the momentum started on his right side. The left side of the necklace didn't react to the energy enough to lift it from his left shoulder. This would make it unlikely that the cross could have moved enough to cause the neck wound.

I always miss details on my first pass over videos. @RealCandaceO rear tent video had some details that are hard to explain away. Just like @ckllr801 video, the rear tent angle captures faint grey gas escaping from underneath the shirt collar. A frame before the necklace is blown up and over his head and shrapnel is sent across his chest the gas is seen escaping. The necklace trajectory and the gas can't be explained by a rifle impact. We are dealing with a high energy event that originated from underneath Charlie's shirt, nothing else can explain the phenomenon we witnessed. The gas is escaping to the same side that the circuit board and battery later travel. The first expanding gas fractures the RØDE case and later sends the shrapnel across his chest into his neck and shirt collar.

@HarrisonHSmith Millions of gallons of oil-energy went into mining the iron, forging the steel, crafting the parts, assembling it, and delivering it new to wherever it was sold. You'd think people who cry about global warming would see the irony but it was never about the environment anyways.

They could have resold them lol

@ArchetypeTheory @rapergroyper @CardinalBCupich @ARCHCH You're engaging in calumny, which is the making of false & malicious statements about someone in order to damage their reputation. You also know that Israel fears Nick's rise and that they deploy fake Groyper accounts to do the very smears you allege come from everyday Groypers.

@rapergroyper @CardinalBCupich @ARCHCH Maybe

Re: Urgent Public Safety Demand Regarding Nicholas J. Fuentes and his supporters Victims of Nicholas J. Fuentes a His Eminence @CardinalBCupich @archch Archbishop of Chicago Archdiocese of Chicago 835 North Rush Street Chicago, IL 60611-2030 Your Eminence, We write as victims of Nick Fuentes and his fan base. They call themselves Groypers and behave demonically. Fuentes lives in Berwyn. He serves as ring leader of this group. Fuentes directs his fan base in a campaign of pure demonic evil. They target political candidates, voters, journalists, and every critic. The attacks destroy lives and silence opposition. His fans launch the coordinated harassment. They invoke the Groyper curse on every target. Mass doxxing, death threats, public shaming, and nonstop trolling follow. They create AI-generated porn of victims' families and children and spread it online. We have endured this satanic onslaught. It ruins reputations, careers, and mental health. Fuentes delivers late-night satanic sermons in his livestreams. He preaches hatred and isolation. He mocks followers who marry or have children. He urges young people to reject family life. This soul-destroying doctrine isolates victims and fuels his cult. Fuentes defends Jeffrey Epstein. He declares Epstein not a pedophile. He calls him the coolest guy and a Bruce Wayne type. He argues the victims were barely legal or of marriageable age. This rhetoric covers for pedophile behavior. These tactics produce stochastic terrorism. Fuentes gives his fans direct orders. He inflames them with hate-filled rhetoric. They harass and intimidate specific people in public life with and without direct orders. The resulting fear destroys political participation and poisons democracy. Fuentes and his Groypers have operated for a decade without consequences. They have never performed any charitable act. They have displayed no Christian qualities whatsoever. We are currently making reports to law enforcement and pursuing legal consequences for what we have endured.Fuentes operates from the Chicago area. His campaigns terrorize citizens here and harm the entire community. We demand an immediate public statement. It must condemn the demonic harassment, Groyper curses, late-night satanic sermons, anti-family poison, Epstein defense, AI-generated porn of families and children, and stochastic terrorism in the strongest terms. We demand public confirmation. The Archdiocese offers no support, endorsement, or tolerance to Fuentes or his Groyper Army. We demand urgent community guidance. Local institutions must shield young people from this malevolent radicalization.Silence empowers the evil. We stand ready to supply detailed documentation of our attacks. We insist on a written reply at your earliest convenience. Sincerely, victims of Nicholas J Fuentes and his supporters

@ArchetypeTheory @CardinalBCupich @ARCHCH You forgot to mention to the Cardinal that tens of thousands of young men credit Nick for their conversion to Catholicism, or for leading them back to the Church after years away. Also, many Israeli Hasbara ops skinsuit themselves as Gropyers to do the awful things you cite.

@TransSplendor Nick wants conservatives voting Dem in 2028 as a tactic of accelerationism so that a real America First candidate will emerge that will destroy the GOP establishment's guardrails. So, we break both the Zio-grip over the GOP and we get a law&order leader who'll clean up the mess.

Never allow Americans to choose actual America first. Your choice must be Zio-GOP, Lefto/commie-DNC. That maintains the dialectic for Bibi and co. Who Nick serves.

@Nero @Aliathewhite Nick has about a 3% lean and you have about a 6% lean.

@Aliathewhite OK, I can’t

I’ve been thinking this all day long. A Syrian man and his 12 year old daughter were riding on a motorcycle in southern Lebanon when an Israeli drone strike took the dad out. His daughter made it 100 yards & another drone came for her. They’re hunting 12 year olds w drones.

@MarioNawfal The fleeing & alluding driver was known to have a gun bc he just shot someone else. Next, his tinted windows gave him the ability to aim & shoot the cops w/out the cops being able to see inside. This put the cops' lives at risk, which they don't have to tolerate. Justified.

🇺🇸 Chicago police had Derek Jordan, 42, boxed in an alley in Humboldt Park. He was wanted for a shooting on the expressway. He rammed a bus, a squad car, and hit a pedestrian trying to escape. Officer Walzer yells "Get out of the f***ing car or I'll kill you"... then fires 6 shots through a tinted window. Walzer is stripped of his badge. George Floyd's attorneys now represent the family. COPA is investigating. The bodycam shows a man trying to ram his way through a police perimeter. It also shows an officer who announced he was going to kill someone before he did. Watch it yourself. What do you see?

@TransSplendor Nick is not a FED but he is his own worst enemy (like w/ all of us). He's faint in stature which means more of his sense of worth is invested in his skills of analysis & rhetoric. But this also makes him insecure to challenges. He defends the CK lie since his ego's on the line.

Another day in the matrix. America first vs moloch's gimps.

@hataf_capital Great review. I would "double-like" if I could. I wish you would cover the likelihood of $SMCI being bought out. If their products are primo and the demand is strong, yet their management & reputation are shaky, a buyout from, say, $NVDA seems opportune. They would restore trust.

Super Micro Is No Longer Just An AI Server Story — It’s Becoming A High-Risk AI Infrastructure Bet Super Micro Computer $SMCI remains one of the most misunderstood companies in the entire AI infrastructure trade. The stock has rebounded sharply from the panic lows, and after the latest quarter, the market once again seems willing to believe the AI growth narrative. But I think the story here has become much more complicated than simply “AI demand is strong, therefore SMCI wins.” In my opinion, the latest earnings report confirmed two things simultaneously. First, demand for AI infrastructure remains extremely strong, and Super Micro still occupies a strategically important position in the AI supply chain. Second, the company’s balance sheet, governance profile, and cash flow dynamics are becoming impossible to ignore. That combination creates a very unusual setup. On one side, you have a company growing at a pace that very few infrastructure businesses in history have ever achieved. On the other side, you have a business consuming enormous amounts of capital while operating under increasing scrutiny from regulators and investors. The market is trying to decide whether SMCI is the next long-term AI infrastructure winner or simply a highly cyclical hardware company temporarily riding the AI boom. I think the answer is somewhere in the middle. The latest quarter showed why bulls are still excited, but it also showed why this stock continues to trade with a deep discount relative to other AI names. The Revenue Miss Was Ugly But The Market Looked Past It At first glance, the quarter looked messy. Revenue came in at $10.24 billion versus expectations closer to $12.4 billion, which is not a small miss. A nearly 17% revenue miss would normally destroy confidence in a high-growth infrastructure company. But interestingly, the market largely forgave it because management framed the weakness as deployment timing issues rather than demand destruction. And honestly, that explanation does make sense. This is not a consumer electronics cycle where demand disappears overnight. AI infrastructure deployments are extremely complicated. Hyperscalers and NeoCloud providers are not just buying GPUs anymore; they are building entire rack-scale infrastructure systems with liquid cooling, networking, power optimization, and deployment integration. If customers are not ready to receive and deploy those systems, revenue can shift from one quarter to another very quickly. The more important number for me was margins. Gross margin recovered sharply to 10.1% on a non-GAAP basis after collapsing to around 6% in the previous quarter. Non-GAAP EPS came in at $0.84 versus expectations around $0.63. That matters because the biggest fear surrounding SMCI over the past several quarters was that it had become trapped in a low-margin commodity hardware business. This quarter pushed back against that narrative. It showed that when supply chains stabilize, tariffs ease, and customer mix improves, SMCI can still generate meaningful operational leverage. But I don’t think the margin issue is fully solved yet. Management guided Q4 gross margins back down toward the 8.2% to 8.4% range, which tells me the Q3 improvement was at least partially driven by favorable mix and temporary cost efficiencies rather than structural margin expansion. That distinction matters. Because if SMCI wants to justify a long-term premium valuation, it cannot remain a business that swings from 6% gross margins to 10% margins quarter-to-quarter depending on customer timing. The long-term bull thesis only works if Super Micro evolves into a more integrated AI infrastructure company capable of sustaining double-digit margins consistently. The Most Important Shift Is Happening Quietly I think many investors are still analyzing SMCI like it’s just a GPU server assembler. That’s outdated. The most important development inside the company right now is its attempt to move beyond pure hardware and become a full-stack datacenter infrastructure provider. Management talked aggressively about DCBBS during the quarter, which stands for Data Center Building Block Solutions. According to management, this business could eventually contribute roughly 20% of net income over the next couple of years. That is extremely important. Because traditional server manufacturing is not a particularly attractive business long term. Hardware alone eventually gets commoditized. Margins compress. Competition increases. But integrated infrastructure solutions are different. The real money in AI infrastructure will likely come from software orchestration, liquid cooling systems, rack integration, networking optimization, deployment services, and full datacenter design. That is exactly where SMCI is trying to position itself. And to be fair, they do have real competitive advantages here. The company has built a reputation for extremely fast customization cycles and rapid deployment capabilities across Nvidia $NVDA , $AMD, Intel $INTC , and $ARM -based AI systems. In the AI buildout phase, speed matters enormously. Hyperscalers do not want to wait a year for standardized deployments. They want infrastructure delivered immediately and optimized around their exact workloads. This is one reason SMCI became such a major beneficiary of the AI infrastructure boom in the first place. The software side of the business also caught my attention. Management disclosed that software-related revenue climbed from less than $10 million quarterly several quarters ago to roughly $34 million last quarter, with bookings now exceeding $46 million. Relative to $10 billion in quarterly revenue, this is obviously still tiny. But strategically, I think it matters far more than the raw numbers suggest. This tells me SMCI understands that remaining a pure hardware vendor is dangerous long term. The market is essentially rewarding recurring revenue, software integration, and infrastructure ecosystems now not just shipment growth. The Customer Concentration Risk Is Still Massive Even though the infrastructure story is becoming more attractive, the concentration risk still worries me. Over 80% of SMCI’s revenue remains tied to AI GPU-related platforms, and management disclosed that two customers each represented more than 10% of total sales, with one single data center customer accounting for nearly 30% of revenue. That is enormous concentration. This means SMCI’s financial performance is still heavily tied to hyperscaler deployment cycles, NeoCloud spending trends, and Nvidia GPU allocation dynamics. And here’s the problem most people underestimate. AI infrastructure spending today looks unstoppable because hyperscalers are in an arms race. But infrastructure spending cycles eventually normalize. If deployment schedules slow even temporarily, the impact on SMCI’s balance sheet can become brutal because this business consumes massive amounts of working capital. That brings me to what I think is the real bear case. The Cash Flow Situation Is The Biggest Red Flag I think many investors looked at the EPS beat and ignored what was happening underneath the surface. The real story this quarter was not earnings. It was cash flow. Operating cash flow collapsed to negative $6.6 billion, while free cash flow reached roughly negative $6.7 billion. Inventories surged to more than $11 billion, and receivables also remained elevated. At the same time, debt exploded. Total bank debt and convertible notes climbed to roughly $8.8 billion versus far lower levels previously. This is not normal balance sheet behavior for a mature infrastructure company. And this is exactly why I think investors should stop treating SMCI like a simple AI growth story. This business model is extremely capital intensive. AI servers are expensive to build. The GPUs themselves cost enormous amounts of money. Procurement cycles are long. Customers can delay deployments. Inventory builds quickly. Receivables stretch. Everything works beautifully during a massive AI spending boom. But if demand timing changes or financing conditions tighten, the balance sheet can deteriorate very quickly. That’s exactly what we’re starting to see now. The company’s cash conversion cycle reportedly jumped from roughly 54 days to over 100 days. That kind of deterioration tells me SMCI is effectively financing a huge portion of the AI buildout itself. And that creates real risk. This is where I think Dell has a structural advantage over SMCI. Dell’s AI server growth rates may not look as explosive, but Dell generates far stronger free cash flow, has better enterprise diversification, stronger financing capabilities, and a much cleaner governance profile. That difference becomes very important once the market shifts from pure AI excitement toward execution quality and financial durability. The Valuation Looks Cheap But The Discount Exists For A Reason On paper, SMCI looks absurdly undervalued relative to its growth. The stock trades around 13x forward earnings and well below 1x forward sales despite expectations that revenue could eventually move from roughly $40 billion toward $60 billion over the next several years. Very few AI infrastructure companies trade at valuations this compressed while still growing this quickly. But the market is clearly not viewing SMCI as a normal AI winner anymore. The discount exists because investors are pricing in three major fears simultaneously: 1. Governance risk. 2. Liquidity and balance sheet risk. 3. Potential execution deterioration. And honestly, I understand why. This is no longer just about valuation multiples. The market is essentially asking whether SMCI deserves to be trusted with hyperscale-level infrastructure expansion over the next decade. If the company stabilizes margins, improves cash flow generation, and resolves governance concerns, I think the stock could rerate dramatically over the next 12 to 24 months. But if the balance sheet keeps deteriorating while regulatory scrutiny increases, this discount could remain permanently embedded into the stock. The Governance Risk Is No Longer A Side Issue I think this is the area investors still underestimate the most. The governance concerns around SMCI are no longer theoretical. The DOJ-related issues tied to alleged shipment diversions involving Nvidia AI systems into China created another major reputational problem for the company. And unfortunately, this comes on top of an already complicated history. Investors have not forgotten the SEC-related issues from prior years, nor the resignation of EY. That history matters because institutional investors can tolerate operational mistakes. What they struggle to tolerate is uncertainty around controls, compliance, and oversight. And when you combine governance concerns with aggressive balance sheet expansion and negative free cash flow, the market naturally becomes much more cautious. This is why SMCI now trades less like a clean AI infrastructure winner and more like a high-risk execution story. The irony here is that operationally, the company still occupies one of the strongest positions in AI infrastructure. Demand remains real. The AI buildout remains real. The company’s engineering speed and customization capabilities remain valuable. But the market no longer trusts the story completely. And in markets, trust matters just as much as growth.

@AlexShe23177120 @BeNice2MeProd I got kicked off all of the local news Facebook groups bc I called out how the city was unleashing the criminals as a way to drive out the white home owners. This would bring down property values for the BlackRocks to build out their rental housing inventory, subsidized by HUD.

@crowdcuff @BeNice2MeProd As I understand, they said 'we're now not taxing you on the actual value, we're taxing on the value if you demolished this (characterful, classic, unique) 1920s building and built soulless condos instead as others on your street have done' Truly insane

I lived in Chicago for 10 years. On two separate occasions when I was walking alone at night I was chased by a pack of niggers. Same situation each time. I walked past a random alleyway with 5-7 niggers loitering and they yell “aye white boi come eer!” I sprinted for my life as they all chased me. One time I survived by making it to a metra station, the other time I got to a more populated street. Average age like 15ish. just packs of young violent bloodthirsty niggers loitering in alley ways at 1am looking for lone White people to beat/rob/murder etc. Totally normal behavior that Whites also partake in just as frequently.

@AlexShe23177120 @BeNice2MeProd Her story sounds similar to my neighbor on Evergreen. Her name was Sophie. She had a big garden. She was Polish, had to cook for the Germans (I think) in WW2. A few years after she died they sold her big apt building, which housed her daughters and their kids, and their kids.

@crowdcuff @BeNice2MeProd Humboldt Park is where my mom first immigrated to America, as a WW2 war orphan (long story). My cousin moved out to near western suburbs. No longer a homeowner, she rents now. My aunt still lives up by Diversey, her car got stolen a few months ago.

@AlexShe23177120 @BeNice2MeProd There was always so much complaining about "the white yuppies causing gentrification" but they all overlook the effect of increasing property taxes by a greedy, opportunistic city govt. The rents wouldn't have spiked if the taxes didn't go up first.

@crowdcuff @BeNice2MeProd A few years back, wretched Chicago govt. basically stole my cousin's building that her hardworking, brilliant, golden hearted Italian immigrant dad bought back in 1970s Every year, property taxes would go up a bit. But then, they shot up like 120% in one year. Forced her to sell

@AlexShe23177120 @BeNice2MeProd Yeah, the crime got out of hand. I moved away. I'm in the process of selling my place now in HP.

@crowdcuff @BeNice2MeProd This as crime increased considerably in her neighborhood (south of wicker park a bit near damen)

🕊️ 🇺🇸 Remember Ian Richard Olson, at just 18 years old, this young man had finally beaten lymphoma after ten long years of fighting. Only one week after learning he was in remission, on December 21, 2018, he was shot in the back of the head in Portland. His killer, Jeremiah Hannon, who was 15 at the time and on a two-month crime spree, murdered him during a robbery… simply “because he felt like it.” Ian dreamed of a normal life: marriage, family, a career. All of it was stolen from him. Hannon is scheduled to walk free from prison next year, just before his 25th birthday. Remembering Ian isn’t enough. The laws must change. “Too young” or “too stupid to understand” can no longer be a defense when someone is old enough and smart enough to pull the trigger on an innocent person. Never forget Olson 💔 🙏🏻

@AlexShe23177120 @BeNice2MeProd Nice. That area was a little more Ukrainian. Used to go to the Black Beetle sometimes.

@crowdcuff @BeNice2MeProd Quite close. By Rockwell and Chicago for a couple years. Wasn't too bad, but got rough if you went a bit south. Then Humboldt Park, Roscoe Village, Edgewater, and finally Jefferson Park before I left.