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Microcap & Penny Stocks : Financial Shenanigans: Stocks Looking for a Fall

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To: HeyRainier who wrote (32)5/14/1998 1:19:00 PM
From: Pam Wooten  Read Replies (2) of 108
 
Greetings Rainier,
I am fairly new to SI but have enjoyed "Rational Analyst" as well as this new "Shenanigans". This may be premature to look forward as I am looking forward to learning from all who post here, but I took a look on SEC 10k filings for May 12 1998. One caught my eye Informix, IFMX...and it appears to be an eye opener, albeit mostly old news.
10K had something for everyone including stock options which have been repriced for employees; restatement of past earnings;
possible delisting from NASDAQ. Although stock is currently trading at 8 5/16 the annual low of 4 looks more like it. If you have a chance to take a peak, your opinion would be greatly valued.
sec.gov
Regards,
Pam
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