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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (178361)7/9/2002 12:26:23 PM
From: Les H  Read Replies (1) of 436258
 
Bad business news might boost ratings for struggling CNBC

augustachronicle.com

Confessions of a stock operator

But as company information became more readily available, and Cramer worked his way up the ladder, he came to rely as much on conversations with CEOs and sellers at places like Goldman Sachs. By building relationships with brokers though large commissions, Cramer found out what they would be promoting. Then he would call other brokers and give them this information. Soon, everyone would be promoting the same stock, which Cramer would hold while it rose and then sell for a large profit.

dailycal.org
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