woopah said:
you really think that Wedbush is paying Pachter to write an email to cofeewithgamers? That's something Pachter does in his spare time. his work on gametrailers and his opinions he posts on neogaf are done by him as someone with an interest in videogames not as a professional. I'm sure CliffyB for example is not paid to post on neogaf but he still does it becasue he is a gamer as well as a proffesional. Why does being a stock analyst mean he shoudn't be allowed to comment on his likes and dislikes or shouldn't be allowed to send emails? Your right, that would be the kind of thing Pachter is paid to say. But if wedbush is charging financial institutions money for this prediction, then pachter isn't gunna allowed to blur tit all over the forums. replying to emails, predicting wii HD and appearing on gametrailers is stuff he does for fun and because it helps him in his work, but its not actually part of his job. its all explained in the video below starting at the 3:10 mark http://www.gametrailers.com/video/episode-104-pach-attack/62417 |
Wedbush condones -- or at least permits -- this behavior by Pachter. Most companies have limits on their employees on what they can say to whom (and since this is private, the "freedom of speech" does not apply because that refers to government-set limits).
If Wedbush did not approve, Pachter would be a FORMER Wedbush analyst. Wedbush may even feel that it increases his contacts and thus his credibility.
However, given his (poor) track record regarding Nintendo, you would think his bosses would tell him to "tone it down." Of course, without Pacther, how many of us would have ever heard of Wedbush?
Anyone ready to open an account? http://www.wedbush.com/index.asp (The company markets to individual and institutional investors)
Mike from Morgantown
I am Mario. I like to jump around, and would lead a fairly serene and aimless existence if it weren't for my friends always getting into trouble. I love to help out, even when it puts me at risk. I seem to make friends with people who just can't stay out of trouble. Wii Friend Code: 1624 6601 1126 1492 NNID: Mike_INTV |