niallyb on 16 October 2014
Doesn't everyone already understand that Pachter has a dog in the fight ? He's not an unbiased observer. And a portion of his job is to generate favorable publicity for his clients. Whether hes correct or not is a nice to have rather than a need to have. Its not his primary incentive.
Wedbush Morgan generates fees from the companies he covers and advises (and Pachter gets his bonus from those fees) . The conflict of interest is so blatant he actually includes it in current presentations.
http://www.slideshare.net/LondonGamesConference/video-games-by-the-numbers-michael-pachter-wedbush-securities
niallyb
