Greater Need Than Ever Before
♦ Sharp decline in quality of research provided by brokers
• Understaffed & Overworked
• Dropped Coverage & Less Focus
• Irregular & Poor Reports
• Lower Pay: Lower Quality of Analysts
• Budget Cuts
Huge Negative Impact: Mid-Sized Stocks
• Diminished Company Reputation
• Mispricing of Stock Price
• Lack of Local Investor Interest
• No Foreign Investors
• Reduced Growth, M&A, JV, etc.
• Can’t Raise Equity or Debt