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, June 19, 2006
Weekend Follies (June 17-18)
The following stocks release information at odd-ball hours over the weekend when investors are typically not looking at their screens. Basically they are sneaking news out and hoping to call it disclosure. Two Nasdaq Companies FNB United Corp. (NASDAQ: FNBN) and New River Pharmaceuticals Inc. (Nasdaq: NRPH) plus two NYSE companies New River Pharmaceuticals Inc. (Nasdaq: NRPH)