ethic question

If an analyst issues a buy recommendation, can the analyst then trade in a manner that is contrary to the employee’s or firm’s most recent published recommendation? (ie: can he sell shares of that stock).

Only under hardship.

niblita is on top of it


yes, In extreme severe needy conditions only…

and I mean extreme extreme and really really needy conditions

This does not apply if you want the sale to fund the purchase of “dubs” for your impala.

Depends what kind of shape your impala is in…

Thanks guys, the scenerio the analyst wants to sell his shares because he wanted to buy a wedding gift for someone. I guess that is not a very needy reason.

I think just by owning an impala you fall under the extreme hardship clause, impalas are a safe harbour.