Sunday, September 11, 2016

I made a list of potential near-term bankruptcies

This weekend I wrote a little script to scan annual reports on EDGAR. I scanned 5,754 companies listed on the NASDAQ, NYSE and AMEX and of the ones that had an annual report in the required format (probably 70-80% of them) I identified 95 reports that made at least one mention of

"substantial doubt about our ability to continue as a going concern"

I'm not making any claims to the accuracy of the info since I just wrote it quickly but here you go (some of them are warrants or units of the underlying company because they had the same 10-K, but anyway)...

95 companies that potentially suck a lot



Submitted September 11, 2016 at 01:27PM by ghostofgbt http://ift.tt/2c7V6hS

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