To All:
Many of us on this thread do our own research. We have a wide variety of expertise and opinions. Many contribute news articles, opinions, assessments etc. We read the financial statements, pay attention to trends, supply/demand, and provide fundamental and TA.
But we will never be able to compete with the WS analyst if they are provided with material information from company management. We will always be at a serious disadvantage and run the risk of being the last to know and the last to sell during a serious sell-off.
I don't like the way this is unfolding. We don't know when the analysts are meeting with management and what is the topic of discussion. We don't know what information, if any is revealed, and whether the information is passed to us in its entirety and in a timely manner.
This has to change. SEC forbids companies from favoring analysts or big shareholders when they disclose "material" information -- information that could affect a company's stock price. All shareholders are supposed to get the information simultaneously.
We not only must make this request to company management, we must demand it. I am supportive of management and I have no proof that material information was disclosed to Lehman's or anyone else. But we need reassurance from qntm that we, as shareholders are provided with the same information at the same time, and that our rights to this information are respected.
Dale |
