Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Monday, February 13, 2006
Weekend Follies (Feb 11-12, 2006)
Weekend follies has found eight culprits this weekend. We are skeptical of companies that issued substantive business news at odd ball hours over the weekend. The six Nasdaq stocks are Dov Pharmaceuticals (DOVP), Columbia Bank (COLB), Max Re Capital Ltd (MXRE), Abigail Adams National Bancorp (AANB), Arden Group (ARDNA), and FN Financial Services Group (FNBF). Two culprits on the NYSE Tortoise North American Energy Corp (TYN) and Unisource Energy (UNS).