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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?


To: Rollcast... who wrote (45)12/17/1998 1:30:00 AM
From: Mark Davis  Read Replies (1) | Respond to of 766
 
Here it is> The trading world has been overrun, infested, and inundated with pinheads that would not know how to value a stock, or anything else for that matter if their lives depended on it.

So they buy and sell these pieces of paper with abandon, creating price pandemonium everywhere. All well and good.

And Jim Cramer comes along and tries to take the wind out of one of these airballs, and gets crucified for it. Why? 'Cause he's spoiling the game for the pump and pump (ok) crowd.

God forbid you should say that a stock's going up because there's no float and the trading lunatics have landed on the four letter symbol that belongs to it. Maybe we should expand to tickers to 6 or 7 letters, thereby eliminating 90% of the current crop of daytraders.

JC (no, not that one) has forgotten more about the markets than any 10 of these whiners will ever know. If he wanted to play it safe, he could simply spout the pablum most of the talking heads offer, and live happily ever after.

But then it wouldn't be any fun.