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Tuesday, 04/12/2016 4:36:49 PM

Tuesday, April 12, 2016 4:36:49 PM

Post# of 463452
From Your Friend Jim Cramer;

"When I was short at my hedge fund and I was positioned short meaning I needed a stock DOWN I would uh create a level of activity before hand that could drive the futures. It doesn't take much money, similarly or if I was long and I wanted to make things a little bit rosy I would go in and take a bunch of stocks and make sure they were higher and maybe commit $5 million in capital to do it and I could affect it. What you're seeing now is maybe, its a bigger market so probably need $10 million in capital to knock the stuff down. But Its a fun game, and its a lucrative game. You could move it up and fade it that often creates a very negative feel. So lets say you take a long term view at your day and you say listen I'm gonna boost the futures and then when the real sellers come in, the real market comes in they are going to knock it down and create a negative view and thats a strategy very worth doing when you value on a day to day bases. I would encourage anyone in the hedge fund to do it cause it LEGAL and its a quick way to make money and very satisfying. By the way no one else would ever admit that but I don't care and I'm not going to say that on TV"

Sounds too familiar, don't you think??
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