Well, this is going to make insider information a lot more powerful...
You've got 364 days in between the truth, and if you think a company is fudging it's numbers you've got to wait another 365 before anything else comes out.
Personally I think it might be better to be longer term oriented, but audit teams will lose revenue... Or just have a harder time reconciling longer time periods.
You've got 364 days in between the truth, and if you think a company is fudging it's numbers you've got to wait another 365 before anything else comes out.