SEC warning - Forget "hot" tip warnings... How about an SEC warning: "Whenever a Big 4 auditor signs off on an annual audit, always ask whether the auditor will later rescind the audit, leaving shareholders who relied thereon in peril while the underlying security is then halted, only to open 70% lower without an inkling of additional information about the underlying security beyond allegations of fraud".
"Whenever someone gives you a “hot” tip, always ask what motivated them to do so. Make sure that you do your own research instead of relying on what somebody has told you. Keep in mind that information from online blogs, social networking sites, and even a company’s own website may be inaccurate and sometimes intentionally misleading."
