Do I trust companies? No! Directors? No! Management? Who are you kidding!
I can't tell you how many times I have seen companies beat the number this quarter, but miss on revenues. If that isn't a fudge I don't know what is.
Usually, they beat on both the top and bottom line. But this time around they are beating only on the bottom line. Demand is evaporating, but somehow they manage to meet the number. Come on. I call accounting shenanigans, but there again, what is new.
No comments:
Post a Comment