 RockyBBPremium
join:2005-01-31
Steamboat Springs, CO | reply to CMoore2004
Re: Not an expert it's not legal to do it before the public announcement, which was texans20's question. after the public announcement everything is fair game.
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"Teleblend has an agreement with the Assignee to solicit and support former SunRocket customers." |
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dsl15
join:2004-02-08
Columbia, SC | This is not illegal. Analyst can say anything they want. They are just a bunch of nobodies with opinions, which is given out to the public for free on TV and radio stations. What Martha Stewart did was insider trading, and was then found guilty of lying. |
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RockyBBPremium
join:2005-01-31
Steamboat Springs, CO | Hey dsl15! Read the original question! He said "what if the analyst had information that the merger would be denied." That is insider information; it doesn't matter if the info was from the company or from the regulators -- if it's not public information, then it's insider information.
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"Teleblend has an agreement with the Assignee to solicit and support former SunRocket customers." |
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dsl15
join:2004-02-08
Columbia, SC
1 edit | You are correct my friend.
It would be unwise for any analyst to comment on any company that he/she has insider information for. |
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2 edits | said by dsl15:You are correct my friend. It would be unwise for any analyst to comment on any company that he/she has insider information for. Incorrect my friend.
An analyst comments on inside info all the time. That is what they do for a living. An analyst only gets in trouble if they trade the stocks they are commenting on or give that info to others before their column comes out - especially if they say buy a particular stock and then hype that stock in their column, thereby driving the price up.
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 jpl931
join:2001-02-22
Herculaneum, MO | reply to dsl15
 Analysts make (not necessarily) educated guesses concerning the viability of the future and profit abilty of satellite radio. If XM and Sirius do merge the hype alone will add some money to their shallow money coffers. But the road to being in the black is many years away if at all. |
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