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No Problem Companies paying investment prostitutes for research and interviews BUT

Tom Winnifrith
Sunday 23 November 2014

Some folks think that I was wrong to call Louise Cooper an investment prostitute. I make no apologies. The silly cow painted herself as whiter than white, a Mother Theresa. The FACT is that she was more Princess Diana. She works for a company that takes cash from companies to interview them, then gives soft interviews without declaring the payments. That is investment prostitution and is WRONG. However...

There is no problem in companies taking cash to record soft interviews (tipsTV, Proactive) or to put out research (Edison, GECR, Hardman). If it helps investors to understand what the company does or to get some idea on forecasts that is great. I applaud it. But this is not analysis as Princess Diana claims this is PR, this is a financial promotion.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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