3 ms·
Inversing a pump and dump operation, provided it is well timed, can easily beat the market. Assuming that Cramer is a paid actor, this could probably be the cas
by cuteboy19 5y ago
Inversing a pump and dump operation, provided it is well timed, can easily beat the market. Assuming that Cramer is a paid actor, this could probably be the case here
- vampiretooth1 5y agoWhen you say, paid actor, are you proposing that Cramer is being paid by some fund to pump a stock that they already have a position in? I don't know, but I believe it'd be highly unlikely given that he had a pretty good career as a fund manager himself, probably doesn't need more money. The article mentions (or links somewhere to this info) that there's no longer a Cramer pump, although there definitely was a couple years back
- kadoban 5y ago> probably doesn't need more money. What's he doing on TV all the time then?
- vampiretooth1 5y agoHaving fun? What are rich founders doing that are still at the helm of their own company, what are rich fund managers doing that have already proven their merit?
- kadoban 5y agoMostly making money because they don't know what else to do? Does anyone actually enjoy doing a ~daily tv show? Seems like a lot of work.
- askafriend 5y agoWell it takes a certain type of person...and I guess he's that person. I'm sure he likes the attention.
- kadoban 5y agoHe probably also likes money. In my experience "has money" doesn't equal "can't be corrupt", to tie this back up a few levels in the thread.