What's up there Tiger. You may remember me from your Naked Short Sale thread. I see that you are all over this Cramer thing now too. This is both fascinating and entertaining to watch (I mean your reactions, not the video, I saw that back in December and didn't think much of it). This has piqued my curiosity, and as I try to imagine and understand what context this is in for you, I am wondering if the driving motivation behind all of this effort, time and passion that you appear to be devoting to these issues is due to some genuine innate need or desire on your part to advocate for what you deem to be the good of the common public (looking out for the little guy) or if in fact somehow your life has actually been tangibly affected in some way by any of this. I won't be disappointed if you choose not to illuminate this, but I thought I should be considerate enough to ask in case there are any sensitivities involved to which I should accommodatingly tailor my comments. More to the meat of the matter now, I have another more relevant remark. You are obviously gleeful that there has been what you see as an exposure or outing of some sneaky hedge fund trickery employed by what must be a few market cowboys looking for some quick short term gains or as a means to turn around or ease the pain of a position gone bad. This "discovery" which could be used to do some finger-pointing and possibly draw attention to certain practices that I think you are vehemently speaking out against and wish to stomp out is potentially a great benefit to your cause. Therefore, since you yourself did not uncover this "information" but it was given to you as a gift by Jim Cramer via various media, it seems a bit paradoxical that you would be directing so much blame and venom in his direction rather than seeing him as the inadvertent provider of "ammo" for you to embark on this crusade. Why not employ the better strategy of focusing the attention of your attacks on those committing the practices you abhor rather than the source of the spark behind your opportunism (just trying to be helpful here)? I should also point out to you that you are showing naivete by speaking so disparagingly and disdainfully about some market participants (or sociopaths and psychopaths as you put them) while in the same thread giving your blessings and glowing praise to Mr. Bright, even extolling his business up as an exemplary model "to be looked up to". This is not to say that I think Bright does anything at all wrong, or that I have anything against them or that this is meant to be contrued as negative in any way against them, in fact, while I don't know them personally, I have respect for their achievements. However, while the market players that are the object of your great diss-affections and the Brights of this small world that we inhabit (I assume you are involved in the markets in some way?), operate on very different levels and incomparable business models, if you were to be completely consistent in your thinking and statements, which based on what I see centers around the notion that anything which gets in the way of an absolute 100% efficient market where all those involved down the very least participant (who could be for example your uncle Irving with some dollars in a mutual fund or your Aunt Josephine with that pension thing) are on a totally level playing field is a bad and harmful thing which must be abolished immediately, than you could not make the extreme sort of distinction between the two as you did.
hard to believe but really not, I saw that the strret.com took it off utube because of copywrite hes on cnbc right now, I would think they will dump him maybe he'll keep talking and we'll get all the secrets, these wall street guys have to be hating him I quess the invite to bob pisanis house got cancelled
Maybe this is just a game to increase his exposure before he gets offered the top job at Fox Business Channel.
The combination of Erin Burnett and Jim Cramer talking stocks is one of the few things in life that makes me suicidal, thank God for the mute button!!
The best thing is he mentioned that he thinks the SEC is too dumb to understand all this and how they can't do jack lmao
They just shut down Exact Pay. Now, the money has run out. The reporters in NY will be drinking draught beer tonight. You can get your money out by proving who you are, and that you paid taxes. LOL. Let's see the Hedgies go claim it.
Excellent post Maverick. I hope fly or the insanitycheck camp replies. "advocate for what you deem to be the good of the common public (looking out for the little guy)" Regarding that quote. I would prefer to let the "Hi, I am from the gov't and here to help you" crowd help me. {:>). Secondly, the publicity with this naked short conspiracy will do more to undermine confidence in the market than the actual deed itself.
my only question is how could someone be stupid enough to incriminate themselves that badly?? was he drunk?? i dont understand how a guy could think that saying that while being recorded was a good idea.