Investors often overlook SEC filings, and it is the job of the 10Q Detective to dig through businesses’ 8-K and 10-Q SEC filings, looking for financial statement ‘soft spots,'(depreciation policies, warranty reserves, and restructuring charges, etc.)that may materially impact Quality of Earnings.
Thursday, July 15, 2010
Algae Farmers Behind BP Oil Spill in Gulf -- Or Was it Armed Dolphins?
What’s happening off the Louisiana coast wasn’t from incompetence, but from a purposeful desire – from the Obama administration and an industrial consortium ranging from BP ($38.92) to Goldman Sachs (GS-$145.22) – to spark growth in a nascent alt-renewable industry: algae farming, according to one online conspiratorialist.
Did Illuminati-types press the Coast Guard to restrict media access in affected spill zones of the Gulf of Mexico? Was the Deepwater Horizon explosion really an accident?
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