This is the mindset that brought down US. Some people still don't recognize that there are places called Europe and Asia that have an influence on markets.
You think the camera man texts Cramer's picks to his buddy before the show airs? LOL That would be a GREAT gig...until you were caught!
That wasn't after hours trading...they were pre-arranged trades that could have taken place hours prior to the print. You cannot participate in them. Notice the "Conditions" column...both had special tags.
About a year ago, the correlation between afterhours movement and Cramer's pumps was uncanny. On almost every tout, somebody would put in orders for the stock he was about to pump about 5 minutes in advance. I haven't noticed anything like that recently though.
Thank you. What is meant by "special tags"? Are they restricted to a specific type of investor/insider?
Appreciate the response - wasn't the case in my example, as Dustin pointed out, but it's nice to learn of the typical cause. Thank you.
There were articles a couple years ago talking about how the show worked. It's taped 1.5 hours in advance, and people calling in get to hear the taping while they're on hold. They're supposed to agree not to act on what they hear.