RAVE and Wunderlich coverage. Newbie not trading. Into 500/hrs of 1000/hrs study. I admit I'm a bitch.
Wunderlich Securities is also a Market Maker (WSI) from what I can tell. From their website under Capital Markets "Our mission is to have relevancy in the industries that we cover, to impart the information in a timely and succinct manner, and to help our institutional clients with trading on a best execution basis. Thought provoking, relevant Research is the foundation we are building upon. Our value-add to the institutional investment community is our unique ability to define the underlying themes which will drive the Equity markets now and into the future. Our mandate is to create the mindshare, a partnership, with our clients to serve their investment needs. We must help them think “out of the box”, to understand all factions of the industries and companies of which they have an interest. It is imperative that our product is strategic in its thinking, thought provoking in its direction, and relevant in its content. Our professionals in Research, Institutional Sales and Trading are committed to the principles of “helping our clients to make money."
Uh, yeah right... making money for who? Basically they are driving (pumping) the Equity markets for their value added institutional investors. Who's long? BEEAtch!
Join now or log in to leave a comment