Jim Cramer: ‘I ran a clean shop’…

Here’s some follow-up on the Cramer market manipulation controversy. (hat tip to MaoXian): Jim Cramer took the airwaves this morning and backed away from controversial remarks made in a December 2006 internet television interview with TheStreet.com. A contrite and nervous sounding Cramer told MSNBC’s Don Imus that “mistakes were made” when he appeared on the [...]

Jim Cramer, Market Manipulator

Wow, I can’t believe Cramer admitted to manipulating futures. “A lot of times when I was short, I would create a level of activity beforehand that would drive the futures. . . . It’s a fun game,” Cramer said in the Webcast, which was moderated by TheStreet.com Executive Editor Aaron Task. Cramer later said that [...]

Watchlist for December 26, 2006

Looks like somebody (those damn daytraders!) plans to have fun with Fuwei Films (Holdings) Co., Ltd (FFHL) today. I always wonder which low float stocks will get gamed during this holiday week. A recent low-float Chinese IPO seems like as good a choice as any. Here’s what Briefing had to say about them last week [...]

NVIDIA Buys PortalPlayer… Who Knew???

I know I have a bit of “conspiracy theorist” in me but isn’t it obvious that *somebody* knew last week that PortalPlayer (Nasdaq: PLAY) would be acquired by Nvdia today. Here’s the chart, which is straight up 20% since they reported earnings and so-so guidance last week:

The Dangers of Thinly Traded Stocks

I just found a good article discussing the ‘art of buying thinly traded stocks.‘ It has some great information about such stocks, despite the author’s low blow at bloggers. Here’s a snippet (emphasis is mine):