10-23-2014, 03:28 AM
This is the way its supposed to work though. Fundamental research. Any other research firm could do the same thing, initiate coverage and arrange a trip. Kick the tires. Some on the trip may feel they learned something and draw conclusions, which might be right or wrong, but they derserve the advantage for a time by having gone, as long as nothing material is disclosed - that would have to be done publically. That's why many still do the leg work and get out and visit companies and constantly talk to managements etc. Maybe someday it will all be done by drones but nothing wrong with investors going on a field trip to see what they can learn.