Cramer doesn’t invest in individual stocks, thus he has no conflicts of interest and wide 1st amendment protections. The important thing is to not lie about you

Cramer doesn’t invest in individual stocks, thus he has no conflicts of interest and wide 1st amendment protections. The important thing is to not lie about your financial interests. It is perfectly fine to take a short position, announce it, then proceed to trash the company’s management. It is fine to pump a stock if you disclose you have a position. The key issue is: “ the individuals regularly sold their shares without ever having disclosed their plans to dump the securities while they were promoting them.”