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Thursday, January 26, 2023 12:23:34 PM
The only time I have seen it happen as an investor is when the business focus of a public company changes (through a reverse merger or a huge acquisition) AND the dominant on-going business is in an industry that has a fiscal year pretty common across the industry (this can happen in industries with strong annual revenue cycles) AND that is different from the fiscal year the company is already on.
I have seen this on occasion over the last 35 years but I can't recall a specific example.
If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!
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