Listen here kid. If you dont think that Jim Cramer has any effect on a stock, then your a young and foolish kid that has no business shooting his mouth off on a message board. Jim wasnt the first pumper shrill on CNBC. There were actually others before him in the early 90s like Dan Dorfman. When Dan Dorfman pumped a stock, the calls to the brokers offices would go off like wild fire. The news reports you decided to articulate were priced into the stock on Thursday. Jim Cramer made his report on NYX Thursday night. He jumped up and down stating that it would go to 250. Then there was a vicious 3 dollar spike in afterhours. The close of the trading day on Weds was at $82.49. On Thursday, the news reports hit and NYX closed at $87.22. Thursday night, Jim Cramer decided to jump up and down on national television stating that NYX would be the next Google and it would go to $250. However, before he stated that it would go to $250 there was a caller that stated he had made $16000 on Cisco. The whole contrived act was very convincing. Instantly, NYX shot up from the $87.22 to $91-92 in afterhours. The news reports you articulated did cause a price and volume spike on Thursday. However, the price and volume spike was much greater after Jim Cramer's report. There are many prop houses around New York City where there are young trading guys who watch CNBC day in and day out. If you ever go into a real institution, I dont mean the mental hospital, I mean Goldman or one of those other big names, then you will find plenty of offices with television sets where people are watching CNBC all day long. The last Trader Monthly event I was at there were several traders there discussing Jim Cramer. In looking at a simple chart of price/volume and comparing the news events it is very easy to figure out that it was most probably Jim Cramer that caused this price/volume spike. Now you may think its ridiculous that some institutional or prop traders are buying NYX on Jims advice, but its not really that ridiculous. Believe me, the pros sometimes follow Jim. In fact, according to the following article, Cantor Fitzgerald creates research reports with Jim Cramers picks and distributes them to mutual/hedge funds: http://www.forbes.com/management/2005/08/18/cramer-cnbc-madmoney-cz_pl_0819cramer.html Jim Cramer is no innocent angel. They were investigating him in the mid 90s for pumping stocks in articles that he was investing in. If you read his books and that other book "Trading with the Enemy", you would realize that this guy is a con artist. You can bet that something went down while he was at the NYSE. Actually, I am not the first one to correlate NYX's price spike with the Cramer pump. Steve Gelsi at Marketwatch came to the same conclusion. I guess this guy is an idiot as well and you, elitetrader's thrower of fruit, are the one who seems to know it all. http://www.marketwatch.com/News/Sto...siteid=mktw&dateid=39031.4218743634-884407424 I can only conclude that NYX has probably gotten ahead of itself. I have no position in the stock nor do I trade on Cramers picks except when he invades the stocks that I am already positioned. I have no intention on trading NYX. This is just for arguments sake and I do follow Jim Cramers picks to study the psychology of investors and how they react to a pumper shrill. So that is my thesis? Where is your counterpoint on this or are you just going to stand there swearing like a taxi driver? Right now I am preparing for a night out. If you will pull up the cab and not just drive by, I would greatly appreciate it.