market manipulation

Discussion in 'Feedback' started by gettingtooold, Jul 27, 2005.

  1. I heard a while back about a young man in his teens that would talk about stocks to himself through different names and actually moved the stock/market and made himself real money. I understand he also got charged for market manipulation. I am not sure of the outcome. Reguardless my question

    How does that differ from shows like Cramer. He talks up stocks that benefit him. Gets his clones to buy and actually has an impact.

    I have always wondered how much he actually buys? Does he receive any compensation from these companies. ie shares/options? Does he advise before he sells his position?

    Manipulation?
    yes or no