Is this the new Enron in the making?
- Thread starter Ou812fu
- Start date
Interesting to say the least.
UpstateNYUPSer(Ret)
Well-Known Member
What if find more interesting is your comparison to Enron. Care to expound?
DriveInDriveOut
Inordinately Right
No
No, I'm not the financial guru like you. So I'll leave it to your own interpretation.
Wally
BrownCafe Innovator & King of Puns
No dating during this pandemic!
rustys954rr
Well-Known Member
They both use capital E's in their logo...it's a sign.
load of stock to make up for it.
zubenelgenubi
I'm a star
Are they switching over to market-to-market accounting?
barnyard
KTM rider
Enron boosted their reported earnings by marking future earnings on financial reports. If they thought demand would be up, they added the profits from that forcasted demand. If it did not happen, they found other demand that they could made a profit on the forecast.
The story of what they did is really interesting, in a bend over and take it, kind of way.
The story of what they did is really interesting, in a bend over and take it, kind of way.
UpstateNYUPSer(Ret)
Well-Known Member
Enron was my first experience with day trading------did not work out very well for me (or any of the other shareholders).
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