Sunday, October 11, 2009

Conference Calls vs Press Releases

Stephen T McClellan CFA just posted an excellent piece on his blog. A former Wall Street Analyst basically tells investors that the real info is in the conference call and not in the wire service press release. http://blog.stephentmcclellan.com/?p=58 if you want to read the piece.

The problem with conference calls vs press releases is that you can drive a truck between the two and somehow the SEC is OK with that.