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Pastimes : James Cramer Skeptic Thread

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To: Rahul Desai who wrote (86)6/17/1998 5:17:00 PM
From: Lazlo Pierce  Read Replies (1) of 1254
 
Rahul, you just don't get it. <All I would like to say is, IF YOU ARE
GOING TO COMMENT ON PROFITABLE STOCK POSTION, DISCLOSE IT BEFORE YOUR POSITON MOVES IN YOUR FAVOR !!!!!!!!!!!>>
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If JC happened to tell us all what positions he was going long on, it would be looked at very unfavorably by the SEC. he's in a strange position of running a hedge fund, AND being a journalist. There is a very fine line he must walk. He is in a very visual position (of his own making), and must keep up appearances of not trying to manipulate the market thru his writings. Its a tough position to be in, and I for one, think he generally does a good job. Besides, he puts his stuff out, and you (or anyone for that matter) have the choice between believing him or not, of reading him or not, of subscribing or not. He doesn't owe you, me or any of thestreet.com's subscribers (of which I am a happy reader) the details of his specific trades. That is what his hedge fund members pay him for. Learn what you can, take what you need, and leave the rest behind!

Dave
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