oops - reposting the [deleted] What law are you talking about that would penalize me if I sent out a press release tomorrow claiming my company is taking in $1

oops - reposting the [deleted] What law are you talking about that would penalize me if I sent out a press release tomorrow claiming my company is taking in $100bn a quarter? Why vet the first number off of the second? Surely if you're willing to misrepresent one... To be clear, I have no specific reason to doubt the numbers except that he's an unreliable source and that public disclosures of private company financials are so uncommon. If your brother in law got convicted of running a boiler room you're not going to take his stock picks at face value, right?