Soleron said:
Blacksaber said:
NintendoPie said:
Blacksaber said:
NintendoPie said: I don't know why they are trying to cover it up. People'll keep finding out the "real" numbers. |
Stocks, if they were to revel those numers that day it would of been horrid damage on their stocks.
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So the stocks can't be affected by the reveal of the true numbers after the briefing?
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They will but the stocks were bound to drop that day thanks to them losing money that quarter add on this and it woul off been a disaster.
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Because that info was "public" from the time of the earnings call, it gives enough time for any directors/employees with stock to sell it off before the droip hits but without being accused of insider trading.
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Indeed, such an omission of information to investors is supposed to be illegal... I don't recall exceptions / limits to the rule (?)