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Wednesday, 04/18/2018 7:11:04 PM

Wednesday, April 18, 2018 7:11:04 PM

Post# of 346672
An audit simply puts a stamp of SEC approval on what has already been reported. Nothing more nothing less. Now because of the audit institutional investors and people on the sideline are more likely to invest IF the fundamentals and business model of the company align with their investment strategy and IF they believe it's a company worth investing in. If I owned a failing business and had an audit what do you think would happen to my share price? It instantly reverses course now because of the audit, absolutely not. I still have a failing business, the all the audit did was confirm my unaudited financials.

Anything written is opinion based only and never an admission to buy or sell a stock. Do your own research and invest with confidence. Happy Trading!