@article {Felton29, author = {James Felton and Jongchai Kim}, title = {Warnings from the Enron Message Board}, volume = {11}, number = {3}, pages = {29--52}, year = {2002}, doi = {10.3905/joi.2002.319512}, publisher = {Institutional Investor Journals Umbrella}, abstract = {As Enron collapsed in the Summer and Fall of 2001, most Wall Street analysts maintained either {\textquotedblleft}buy{\textquotedblright} or {\textquotedblleft}strong buy{\textquotedblright} recommendations for Enron common stock. The largest bankruptcy in U.S. history was often described as coming {\textquotedblleft}without warning,{\textquotedblright} as $60 billion in market capitalization vanished. The authors searched postings on the Yahoo! Enron Message Board between 1997 and 2001 for warnings of a crash to come. They find a compelling four-year history of Enron as told by apparent insiders through anonymous posts. Excerpts of 127 posts from Enron{\textquoteright}s Yahoo! message board, describing a disturbing corporate culture at Enron, include repeated warnings to investors to get out while they can.}, issn = {1068-0896}, URL = {https://joi.pm-research.com/content/11/3/29}, eprint = {https://joi.pm-research.com/content/11/3/29.full.pdf}, journal = {The Journal of Investing} }