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Shares of Swisher Hygiene (SWSH -17%) get flushed after the company says it notified the NASDAQ...

Shares of Swisher Hygiene (SWSH -17%) get flushed after the company says it notified the NASDAQ that its Form 10-K for the year ended December 31, 2011 and Form 10-Qs for the quarterly periods ended March 31, 2012 and June 30, 2012 will not be filed with the SEC in time to meet the extended deadline it had previously been granted.
Comments (1)
  • MashieNiblick
    , contributor
    Comments (41) | Send Message
     
    Man, I thought I'd seen everything, but I've never seen this. With each extension I've been convinced we'lll finally learn the truth about SWSH's financial situation. Not anymore - clearly they're putting this off as long as possible, well past the amount of time necessary to complete an audit, and that's a scary thought. What kind of public company intentionally witholds vital financial information, repeatedly and habitually? A bad one, a crooked one, a scary one.
    I can't believe I bought into this ugly pig way back at $2.50. Once again, the old Wall Street adage "Never try to catch a falling knife" holds to be so very, painfully true.
    I will dump what I have and then watch every day to see what kinds of crooks these executives are. I will hope and pray that there's some major lawsuits and, in a just world, the guys who made this happen will be barred by the SEC from evey participating in a public company again. In a perfect world? Prison.
    25 Sep 2012, 04:45 PM Reply Like
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