18-01-2011, 11:03 AM
(18-01-2011, 10:08 AM)mikh Wrote: ...
Well, it ranges depending on the intent of the filing.
Some are use to circumscribe labor laws...
http://www.businessweek.com/magazine/con...011001.htm
...while others are simply fraudulent earnings report...
http://seekingalpha.com/instablog/409241...ec-filings
...so did Madoff. He had another set of reports which were always on his person.
It is an interesting sector for sure. When the corporate scandal broke up in 2009, some counters were down 60-80%.
They also have crazy multi-baggers like Z-obee which jumped 20 over fold from 3c to 60+c after dual listing.