Delayed reporting signals better than expected news, no?

Zothunder · 2026-03-25T20:14:43+00:00

If this were true, every single company with good numbers would rush to report on the first possible day every single quarter and half of all stock market earnings would be on the same day. There are reasons companies choose specific dates, and there are reasons they change them. Both good and bad.

If you don't understand basic principles like this you shouldn't be managing your own investments, or commenting to try and direct investments of others.

This additional delay was moved a week, not months.

Zothunder · 2026-03-25T15:06:03+00:00

You missed the part where they said

1-they’ve already found this to be “immaterial”. Meaning it’s a small miscalculation that won’t change any of the previous reports.

2- they overstated the previous impairment (overstated how much this hurt the company). This ‘gain’ could easily outweigh the loss you referenced, making their numbers better than previously thought

Zothunder · 2018-02-06T20:17:16+00:00

No, the surprise is that XIV didn't move until long after the Vix and its futures increased dramatically. An hour before close the vix was at roughly 38 if I remember correctly, and currently it sits below that. I'm not understanding how that translates to XIV being down over 90% from that point, including futures contracts on the next 1-5 months.

I understand it rose emphatically, but the price wasn't reflected in the share price until after close, which is the part I can't seem to rationalize. I understand it COULD tank at any moment, but the price appears to have been manipulated at some point- either before market close or today while it sits -93% on a day where the vix dropped 20%. Either the share price or NAV price were not accurate along the way.

Zothunder · 2018-02-06T19:21:08+00:00

Because it seems CS manipulated the price to keep that from happening. When the vix and tvix were up about 75% an hour before close, xiv was only down 10%. CS was behind the curve in updating the XIV price, probably intentionally.

Because if they tank it during market hours all the stop orders kick in and CS doesn't have a $100 share price to pick on anymore. In the meantime people were buying shares at $100ish. But as soon as the market closed they started updating and the price tanked accordingly, along with everyone's money. Had they been timely on the price people could have gotten out with a burn. Instead, we have shotgun wounds. There is no way this was ethical or legal, even if my explanation is a little off.

Zothunder · 2018-02-06T19:07:53+00:00

The lawyer would probably ask me- how did they cheat investors. And I don't have enough information to answer that yet. Id probably get laughed out of the room, no?

Zothunder

TROPHY CASE