To give you an idea of how widespread the problem is, a new study to be published in the Journal of Finance and Quantitative Analysis finds that option volume in a specific stock begins to surge three days before unannounced analyst upgrades or downgrades of a company.
" And that both of these features are well predicted by the volume of gray matter in two specific regions of the prefrontal cortex, regions that are known to be important in "decoupling the perspectives of other people from one's own.
The employment contract of former Salomon Smith Barney telecom analyst Jack Grubman granted him compensation both for bringing in specific investment banking deals and for generating stock trading volume in the issues he covered, according to an attorney familiar with the document.
Some company specific concerns: Sustained multi-year negative same store sales growth underscore significant volume and customer attrition that remains self reinforcing.