SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: phillong69 who wrote (13426)8/1/2001 1:41:49 PM
From: Louis V. Lambrecht  Read Replies (2) | Respond to of 52237
 
phillong - at the big houzes the analysts are "sell side analysts". Abby, Ralph, Barton,...
Their job is to sell the inventory (issues the houze had committed to buy from the cos. at any capital increase, merger, secondary offering, debt conversion into equities,...name it).
Mark up the price and sell, that is their job. What can the SEC do? Prohibit investment banks to realize their holdings?



To: phillong69 who wrote (13426)8/1/2001 1:51:31 PM
From: donald sew  Respond to of 52237
 
Phillong,

>>>> There was an article on the front page of the biz section of the Washington Post today. It seems an SEC investigation of a few big houses have turned up a few analists selling at a good profit issues they had a buy rating on. Apparently one even had the audaicty to short something he or she was pumping <<<<

Thanks for mentioning that. Just hope that the more such is mentioned, more will learn. Many people got hurt severely, where some or even many are feeling mental distress. I am not talking about those who just made wrong calls, but am talking specifically about those analysts who INTENTIALLY PUMP and DUMP, where the small investors are the most vunerable.