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Vandalayind

08/16/19 8:30 AM

#55033 RE: Chirodoctor #55032

Do you know what mutual funds and pension funds avoid the most?

Companies with a recent history of accounting fraud, and more importantly with a nice fresh adverse opinion.

Investment firms pay their people to research stuff like this, as to avoid putting someone else's money in a risky asset.

People still not wrapping their head around just how bad this reflects on a company.

Be objective and think if this wasn't a company you were head over heels for...is a company with multiple thumbs down for accounting issues where you want them putting your money?

Save the Mona is gone nonsense. He is still the largest shareholder, very much there, and his actions are not nearly far enough removed to be considered "gone".

Add all that in to a company recording a huge loss for his "retirement", and a loss which will increase for the taxes on his "retirement", and you have a very risky asset.

Mona has never shown the integrity that would lead you to believe he will be covering the taxes, and if he was to, do you think selling a large portion of his holding might be how he does it?