magicJack Vocaltec (CALL -11.5%) closes with giant losses after Copperfield Research issues a report taking aim at the company's accounting and trustworthiness. Among other things, Copperfield accuses magicJack of overstating revenue, earnings, and cash flow in earnings releases relative to SEC filings, and of using put option trades and other questionable investments to inflate earnings. It also notes CEO Dan Borislow has been sued for securities fraud in the past, and has sold shares after using them as collateral against personal debt. (SA Instablog)
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at CNBC.com (Aug 12, 2014)
at MarketWatch.com (Mar 12, 2014)
at CNBC.com (May 9, 2013)
at CNBC.com (Apr 12, 2013)
at MarketWatch.com (Apr 3, 2013)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs