stockmarket_-_pump_and_dump(pdf)
A Market Full of Bull?
In the immortal words of Jack Nicholson in Easy Rider , “It’s hard to be free when you’re
bought and sold in the marketplace.” That statement applies to Wall Street securities
analysts, who certainly are not free to openly voice their opinions about companies tha
they follow because they are employed by fi rms that earn millions of dollars in fees
from these same companies. To appreciate the predicament of the pied pipers of Wal
Street, consider the case of Biovail Corp. and drug industry securities analyst, Heman
K. Shah....
