Rosenblatt Called Super Micro Computer a "$1,300 Stock" While Dismissing Fraud Allegations. It's Now $33.

When short-seller Hindenburg Research published their report alleging accounting manipulation and related-party shenanigans at Super Micro Computer, most analysts hit the brakes. Not Hans Mosesmann. The Rosenblatt analyst doubled down, maintaining his eye-popping $1,300 price target and dismissing the fraud allegations as "old news or inaccurate." Within weeks, Super Micro's auditor Ernst & Young resigned (never a good sign), the company missed filing deadlines, Nasdaq threatened delisting, and the stock cratered. Mosesmann's $1,300 target — equivalent to $130 post-split — now looks comically optimistic with shares trading around $33. That's a 75% miss on his already-adjusted target. The lesson? When a short-seller publishes a 50-page forensic report and your response is "old news," maybe read the news.