Or the multitude of levels in Research in Motion (RIMM), where I continue to trade around the short side?
Riddle me this—if you issue a market moving opinion to private clients and then go on television a few hours later to broadcast your views, is there anything wrong with your clients selling into that post-media price appreciation?
I understand that through a legal lens, all market research must be public information upon release. As John Q. Public isn’t in the select circles that receive that early wink, do moral obligations arise?
Or are we back to the days of skirting the letter of the law as long as those letters include “P’s” and “L’s”?
Maybe something, maybe nothing—maybe a pterodactyl—but did anyone else notice that the master beta complex—Amazon, Apple (AAPL), Research in Motion, Google (GOOG) and Baidu (BIDU)—were flat to downish in the face of higher pre-market futures?
We can learn a lot just by watching, right?
Which is also why we should spy yesterday’s laggy sag in Hewlett-Packard (HPQ), Visa (V) and Sears (SHLD)?