You'll have to ask cygnuscap. Unbelieveable what these people will do to deceive the public. I doubt though that cygnuscap is as slick as Cramer. This is incredible.
What Cramer says on YouTube...
"What's important when you're in the hedge fund mode, is to not do anything remotely truthful, because the truth is so against your view that's it's important to creat a new truth to develop a fiction.
"Look what people can do. That's a fabulous thing. The great thing about the market is it's nothing to do with the actual stuff.
"I think it's important to hit the brokerage houses with a series of orders that can push it down... and then you have kind of a vicious cycle down."
The "new truth to develop a fiction" for a hedge fund trying to beat down Wave would be to make believe that there's no material relationship between Wave and Seagate. What these guys won't tell you is that while all the press surrounding this relationship is not specifically reaching stock buyers, it is reaching IT professionals and buyers of the product, and the most elemental research will show them the high level of demand. They know this means the end of their game, and they'd love to cover at the lowest possible price, so they kindly let us all know how hopeless Wave has suddenly become. Funny, isn't it?
