Back in the day, there was this dude called Nostra
Post# of 32324
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He was best known for his book Les Prophéties, a collection of 942 poetic quatrains
That allegedly predictied future events
Many called him a liar
Wasn't message boards back then so people had to actually
Get off their ass and publicly do it face to face
Imagine that?
Even the same people that demanded of him to know their future
Called him a liar
Nostry couldn't win either way
I don't think he was lying, but he wasn't running a company either
He had nothing to gain or lose
Except maybe his life back in the day where BWers ran amuck.
The SEC caught on to people demanding to know the future
Figured if people were demanding a prediction of the future
Let's not stone the ones that they were asking
Whey they can do, they under safe harbor, is provide forward looking statements.
Don't believe me?
Read it for yourself
The Private Securities Litigation Reform Act of 1995 (the “Act”) provides a “safe harbor” for “forward-looking statements” to encourage companies to provide prospective information , so long as such information is identified as forward-looking and is accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those discussed in the forward-looking statement(s). Tech Data Corporation (the “Company” or “Tech Data”) desires to take advantage of the safe harbor provisions of the Act.
https://www.sec.gov/Archives/edgar/data/79070...dex99a.htm
Hey, the SEC is encouraging it, but BWers try to play it up
What every classic message board basher does on non pro company boards, is take every forward looking statement and call them all lies
If that was the case, every company is lying, as no one can predict the future
Not even Nostradamus
Not even BWers
And that is was makes a great company that can shift as the variables around them shift
And that is what makes a market
Opportunites
Anyone and their sidekicks that twists the existing laws
Need to meet the "Wrath" of the law
Glad to see Rory fired up!
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