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so the accounting company that they used signed off on their...

so the accounting company that they used signed off on their taxes based off of the information that they provided and now there's a problem they're doing Enron accounting Honeypot accounting how they're recognizing revenue coming in how they're booking revenue think lucid somebody puts a deposit down for $1,000 on a car lucid was recognizing it as revenue for the full purchase that's the type of shit that's happening with this company right now. Enron accounting
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  • mdbernstein : This company makes robots for warehousing applications. Woop Dee Doo. Robots have been used for warehousing for a long time. This company isn’t even profitable. This is all AI hype started by the guy who owns C&S Wholesale better known to the food distribution industry as Cheat & Steal. This is a single digit stock at best.

  • 10baggerbamm OP mdbernstein : Walmart owns a percentage of the company the CEO was on TV post earnings gloating pounding his chest Fox Business had them on did a big thing the stock rallied I listened to the conference call everything is puppy dogs and roses candy canes everything is wonderful. it's all lies I mean just think for a second you're reading a pre-prepared statement then the CEO gets on with the CFO and answers questions to the top analysts and money managers in the country that are basing their investment decisions off of what you are saying real time worldwide. the stock went from 29 to 41 dollars because of their fraudulent bullshit lies and now after the stock has rallied they come out and they go well we recognized a problem with our accounting and this is not the accounting firm that said it this is somebody inside the company that must have a serious problem on their conscious and said if you don't disclose this I will. because this is called honey pot accounting what they are doing this is exactly what Enron did this is what lucid was doing they're moving money around to make the quarter better than what it is they're giving guidance that's completely fabricated it's bullshit. the stock should be 18 to $19 and if this news would have come out on earnings day oh we're having a delay of our financials there's an accounting problem and our guidance going forward is not good the stock would have cratered.

37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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