📈 $NVDA accounts receivable 📈 from $9B to nearly $15B to show “growth”.
AR means they’ve claim sales but haven’t yet collected the 💵. If Nvidia keeps 📈 receivables to hit this QTR “beat”, it could face accounting issues in its next 10K filing, like $SMCI today. https://t.co/G1AG98QQ2J
— The Coastal Journal (@1CoastalJournal) November 14, 2024
To put things in perspective, during previous fraud cycles, it wasn’t till the Nasdaq fell -30% or more & the Fed slashed rates by -50% till frauds were exposed.
Today, frauds are already being exposed with markets at a record high & rates -18%
It’s gonna get wild. $SMCI pic.twitter.com/FSfQjkUxpa
— Crennan The Bubble Hunter (@GregCrennan) November 14, 2024
The last $SMCI report which came out back in freaking May 2024 shows that there is complete fuckery in its account receivables, inventories and deferred revenues
Something is messed up in AR when you go from positive
165,000 to a (-500,000) pic.twitter.com/Lg18M9QssP
— Crennan The Bubble Hunter (@GregCrennan) November 14, 2024
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