Financials never get released last day of quarter
Post# of 75002
Posted On: 06/30/2015 11:31:45 AM
Financials never get released last day of quarter
Just needed to post that in the first line to make sure it appeared in the subject line. There has been some confusion about that. I myself was guilty of making that mistake until about a month ago. But think about a publish happening today. It simply doesn't make sense. All the numbers from that quarter can't be tallied until the end of the quarter, and nobody throws together a complex report in one work day, especially not one that is audited.
Some large companies can take multiple months after the end of the quarter to publish their earnings. In our case though, THCZ is still a relatively small company, so we probably won't have to wait that long.
If anyone tells you that no earnings report today is a bad sign, it's at best from someone who is misinformed, and at worst, a blatant lie being used to frighten you.
Just needed to post that in the first line to make sure it appeared in the subject line. There has been some confusion about that. I myself was guilty of making that mistake until about a month ago. But think about a publish happening today. It simply doesn't make sense. All the numbers from that quarter can't be tallied until the end of the quarter, and nobody throws together a complex report in one work day, especially not one that is audited.
Some large companies can take multiple months after the end of the quarter to publish their earnings. In our case though, THCZ is still a relatively small company, so we probably won't have to wait that long.
If anyone tells you that no earnings report today is a bad sign, it's at best from someone who is misinformed, and at worst, a blatant lie being used to frighten you.
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