InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.29
(
-0.05%
)
Bitcoin
57,112.96
(
0.23%
)
Post# of 64649
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

PhredGarvin

Send PM Follow Ignore
Followers 23
Posts 241
Boards Moderated 0
Alias Born 05/06/2013

PhredGarvin

Re: SeanBoy post# 50513

Monday, 04/21/2014 12:39:39 PM

Monday, April 21, 2014 12:39:39 PM

Post# of 64649
Not true. It was very purposeful


The idea that they would issue an audited 10K knowing that it didn't include most of the revenue (ie, it was wrong)and that they were going to amend it later is wrong on so many levels that it's ludicrous.



They had no choice in pulling the revenue back. Haven't we literally beaten this to death on the PCAOB/Chinese issue? Holy Frijole! They HAVE to get the 10K out. It came out on time. By law they are allowed to amend it. Traders know this. IF they hadn't posted the 10K on time it would have been even more chaos than having a crappy 10K that seems to show all expenses and no revenue.

Feel free to google it. Seems fairly common. I see 483,000 results in google search.

https://www.google.com/#q=amended+10k



Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up