If a CEO signs off on a 'filing' to the SEC, he is legally liable for the accuracy of it's contents and can go to jail if it later turns out that it was false information. That is why they are full of 'legalese' but usually 'factual' legalese.
However, statements made in company PR's are always followed by a disclaimer which allows a CEO 'wiggle room' should what's stated not work out later.
So DD mainly consists of both the 'interpretation' of SEC filings and the seeking of 'third party verification' of information released in PR's, on bullboards, IR releases, spam mailings, etc. as gossip, rumor or innuendo.
After that, you just trust your own instincts.
There you have it! Good Luck kp
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Do not take this post as a recommendation to buy or sell this security.
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