For you Newbies ... Ralphie was the big Shot Caller over at Prudential.. Noted for his infamous contrarian calls , often turning on a dime just after his calls. Take it for what it`s worth.... https://www.marketwatch.com/story/g...worse-than-anyone-is-talking-about-2018-10-30
Yeah, I saw that article earlier...Question I have is... Did he make any profit on this using his own personal money? Conveniently, the article neglects to mention this.
He`s a Registered Rep of a publicly Traded Co. in Pru back then.. so that would be a severe conflict of interest... even for the incompetent & corrupt SEC... Now if he would have faded his own calls in an off shore account in Belize under his uncles sisters mothers cousins brothers....................................
So the answer is no then. Just another blowhard with no skin in the game. Comments by him are invalidated.
Common sense would tell you it`s Not legal.... Welcome me back to Romper Room! https://www.sec.gov/Archives/edgar/data/742212/000119312516469981/d131644dex99p1.htm