Crossposts: Two from Deep Quarry
Olga Usvyatsky has been on a tear, with two new posts, about long SEC comment reviews and what's in all those amended 10-Ks. I've got some additional comments for you on both.
Companies frequently file revised annual 10-K reports to make all kinds of changes and corrections. Every so often those amended reports deliver very bad news when, maybe, the company thinks no one is watching.