There appears to be some anecdotal evidence that there might be an inverse relationship between companies that are most aggressive about attacking analysts who question their accounting practices and the actual quality of their earnings. |
We continue to establish a strong correlation between poor stock performance and companies with questionable earnings quality. Investors must be very careful in reviewing the reported financial information and question the results. Restatements usually lead to lower stock prices. |
We continue to establish a strong correlation between poor stock performance and companies with questionable earnings quality. Investors who choose to ignore these warning signs have a high probability of sustaining losses. |