is it true? filings to SEC, even unaudited, have no bearing legally? if audited results only are facts..why major stocks move do drastically with CEO ' future guidance etc. and if that's a fact- companies don't even need CEO or other exec. auditing is merely validation of accounting procedures, plus financial numbers given to them. no legal protections. companies can go broke even after audited filings AND why SEC sometimes even bar some CPAS etc.
only valid question is why big boys didn't jump in? generally they put more in so obviously need more facts, longer history, ratings, recommendations their own fact finding than just a removal of stop sign..but who knows it may well be under way! not all retail investors are here to make a quick 10-20% profit in shortest possible time and bash until next entry!!