Stock recommendation? MNPI
In theory, let's say you are exposed to MNPI for a company event in the future that may happen, and you know that the stock price could be positively impacted by the possible good news. Let's assume 1) you don't the exact month it is going to happen 2) if it will be successful 3) and how the market will react. Based on information that is already public this company could be undervalued and rated as a "buy", but would this be perceived as acting on MNPI in the eyes of an AM firm/SEC? I could be interning at an AM firm before ibsa and could use some guidance.
Lmao
This has got to be a joke... are you actually serious?
If this is personal trading - if you have any MNPI you should not be trading, full stop - your company will fire you so fast your head will spin. I wouldn't even trade that name at all after your internship.
If the scenario is instead that you were exposed to MNPI about the company at your IB internship and now cover that name in AM, you need to tell the company that you worked with X firm in IB and have MNPI on them - go through compliance. As an intern you're not influencing decisions really, but more likely than not you won't be allowed to deal with that name at all.
Thank you,
It was closer to the second scenario but wanted to be careful so haven't touched or covered firm.
LMFAO. This kids about to get charged with insider trading and use "but it had a buy rating bro" as his fallback excuse.
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