Re: Nice to see $2 again....
in response to
by
posted on
Mar 02, 2017 09:04AM
That's okay Hartland....I'm guessing a lot of people have never heard about big players like hedgies being "position short"....
Here's Cramer talking about it on a webcase Street.com interview some 10 years ago:
He talks about a number of manipulations....but is citing companies like RIM and Apple, and how players will "Foment" an impression of strength or weakness...which he says is illegal, but that the SEC doesn't understand it and that its done anyway....and if manipulations work on stocks like Apple, its hard to imagine they wouldn't be employed on an obscure Canadian biotech.