We have someone that worked for JPMorgan, got the boot, then did a report with a price target of 1.50...just a few weeks after JPMorgan bought 1.5 million shares at 3.10. And the guy is getting away with this?
1) He never worked for JPM. He worked for JMP securities, Completely different company
2) Yes he went from an $8 target to a $1.50 target
3) Yes so far he has gotten away with it, but with not too much effect. I bet Navb closes green today.