Absurd That Ubiquiti UBNT Lost 25% Of Their Value On SEC Subpoena Announcement

John, that's info that I found... which is very vague. It seems absurd that a company can lose 25% of its value simply because someone wants to talk to them on the record. I guess people are of the mindset of "where there is smoke, there is fire" As UI#8 mentioned below, Wells Fargo upped their credit facility in 2017 (can't find reference to the 500M he/she stated). I would think some DD or audited financials would have to be involved in that.

I think they have a fantastic business product line and are really changing the market both with cost and ease of use. Anyone else ever pull their hair out trying to figure out an HP or Cisco data sheet?

NOTICE: This comment was moved from an existing discussion: 'Clowns' Allege Ubiquiti 'Completely Fraudulent'

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