Moon Kil Woong
Moon Kil Woong
Send Message
Moon Kil Woong
Stop FollowingMoon Kil Woong
More on CHTP by Moon Kil Woong
COMMENTS STATS
8,194 Comments
26,658 Likes

7 Rallying Biotech Stocks With Conservative Accounting Practices [View article]
Given the high risk of biotech I appreciate being aware that at least the accounting in some of these stocks is not an area of additional risk. As for AGR, unless there is firmer explanation of why these values are high or low I am not inclined to believe accounting is exceptional. Enron's risk and accounting was considered good right up to when they blew up. Trusting in some groups number has pretty much gone out the window and people should really consider the value of even the largest ratings agencies like Moody's. Their bond rating system is terrible and I don't see much in the way of fixes even after the mortgage meltdown. Arbitrary and conflict of interest is the first things that come to my mind looking at Moody's ratings these days.