Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Just a quick podcast special looking at how companies lie and mislead investors via RNS and also RNS Reach. The latter & its true (lack of) import is explained. Case studies Blur, Optimal Payments, Quindell (natch) and Outsourcery
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Comments
Daniel Victor
Tricky one,this.Perhaps all RNS reach statements should come with some sort of disclaimer as regards profits.However,I do want to hear all the news,so that I can make my own mind up whether it is a good or bad sign.I may not see the news if it only appears on the company website.
Spoilt Git
Very informative. Thanks.