BAD Accounting, Worse Disclosure, And Caught In A Big BAD Lie – ValueWalk Premium
BAD Accounting
29Jun2017

BAD Accounting, Worse Disclosure, And Caught In A Big BAD Lie

Key takeaways from Geoff Morgan's  Financial Post piece:

  1. Badger took 1.5 months to call a reporter back and then lied to him.
  2. BAD still has not answered the questions—even very simply, why are there 2 different sets of 2015 numbers? Which should we believe?
  3. BAD had “private meetings with shareholders,” the very definition of intentional selective disclosure, yet claims publically answering questions . . .

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