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Hey welcome back I'm Joe Springer for The Wall Street exclusive helping you make informed decisions, so you can succeed in the market let's play know your filings are here are the four SEC filings that might be the most important ones to know your SEC filings the first one is the 10k report the 10k is 6.2 miles ha ha ha 10k is the annual report perhaps the very most important form for you to check out it's a detailed and comprehensive analysis of the company and its financial condition it is different from you annual report to shareholders which is what the company has to send out after its annual meeting each year the 10k annual report it contains audited financial statements that the CEO and CFO sign off on so if it's in there you know they can go prosecutor if they're lying so very important stuff annual reports very important you should always of course always always always review the annual report of any stock you buy well I'm probably the annual report is that it takes like 90 days sometimes to come up with it, and it's out of date you know it only comes out once a year and so that the 10 Q's come out once a quarter and a 10 Q is like an annual report, but it's a quarterly report it contains a little less financial information in general than the annual report and also the financial statements are unaudited not usually problem but so what I would generally do if I'm looking at a company the first thing I do is go look at the most recent NO if I like it go look at the most recent annual report that's a good way to start out okay then there's the 8k so 10k was annual report 10 Q was quarterly report 8k is a current report if a material change happens a major development, and it happens now instead of waiting 6 weeks for it to be in the 10k or 10 Q as a company might file a 8k and say hey here's something that happened with our business a 8k is really anything material which is a subjective thing what is material, so you can actually learn a bit about a company's management about how often they file 8 KS some every time they're doing a new presentation if they're going to go to a conference and do a new presentation even if there's no information in there just to be safe they might file a 8k and say here's something new here's something new, so some companies file them all the time some companies file them very rarely, so it's sort of interesting thing to see maybe how conservative the company is if they file lots of a case maybe their conservative company hey Dad good then there's form for identifies changes in ownership of the company's officers and directors this we this is what we talked about make sure the insiders are not selling make sure the insiders are buying that's even better and so this howdy what is that well how do you how do you find that out its SEC form for and so all these SEC forms if you go to a company's website if you go to craft or coca-cola or for Mel's website go to Investor Relations they'll always list they have to...
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