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Synta Pharmaceuticals Corp. Message Board

  • jfk123_1 jfk123_1 Aug 21, 2013 9:43 AM Flag

    Note about yesterday's Brean dinner with Synta.........

    This morning the analyst will likely be on the phone calling around and telling clients his impression. Likely will put out a private note to clients explaining any key takeaways. Then if he is to upgrade his price target, he will start putting together a note, after the calls, with the new price target, which then comes out in a few days. This is legal. As long as he doesn't tell clients what will happen to his recommendation or price target, he can talk to them before the note. I should know.

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    • Clarification - by private note to clients, I meant a quick email of a few paragraphs or a few paragraphs posted in the clients section of the private web page. Retailers don't see that stuff. You just see the price move and then hear stupid idiotic explanations as to what drove the price before the big news.

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