Biotech Values

[ghmm]

There are really 3 separate issues involved as I see it.
1) The pump and dump. In part I agree with you in this respect writing something and making it available after taking a position. I wouldn't normally have an issue with as its done in seeking alpha and other places all the time. One could even argue the people do in fact have positions when they claim otherwise (I tend to assume someone going through the effort has a direct/indirect interest).
2) He lied to his subscribers/clients in claiming he did not have a position. And in his position he may have been bared from even holding a position.
3) I don't know if you read the part I posted or not. He committed securities fraud! Trading on inside information is illegal. This was on multiple occasions it seems. I think some fault should be given to companies. I don't like companies releasing market moving information selectively to anyone whether its an analyst, a report, a doctor or a third cousin twice removed! You can see what happened at ASCO years back.