Best strategy is to reduce trading positions and Stay Away. You won't believe what you will read, how the company managements and fund managers take us for a ride in bright daylight. We have always been cautioning you about manipulated, rigged and preplanned statements and announcements since couple of weeks now. Here is the biggest Financial Window-Dressing of them all , when I saw the financial results of DSQ Software for quarter ended March 2000, I was virtually stunned for two minutes. The manipulation is ruthless.
Cells highlighted in red colour are the figures where the manipulation is suspected.
T he manipulative practices become quite obvious when compared to the same quarter of previous year. Figures for quarter ending Sept 98 were not available because the company had changed its accounting year from March ending to June ending. So the company reported its last annual results for year ending June 99. And adding more to the confusion it was for 15 months. Well sorting out figures for each quarters were a headache by itself, but worth the effort in the end.