Sirwalterraleigh
Premium Member
I think the problem may be that “legal” accounting tricks allow for a ton of maneuvering that distorts the realities...a tool for the companies...Within 2 minutes of the earnings being released many users were claiming it was an accounting trick. I highly doubt anyone on here has the capacity to read and digest the mechanics of an earnings report in that amount of time.
Surely Disney used a few perfectly legal tactics to move money and losses, but nothing they did was illegal in order to puff up their financial situation to appear exponentially better than what many are trying to allude to.
The same doom and gloom insiders were preaching dooms day was FINALLY upon us and got caught, again. This is their time to do damage control.
Nothing illegal...but not veiled either. They posted an 85% decline in revenue and a “small profit”??
Nothing illegal...it just doesn’t pass end sniff test too well.