Manipulating the Market with Jim Cramer!

Written by FrugalTrader on Mar 27, 2007 filed under Stock Investing

Have you ever thought about how big money players like hedge funds and institutional investors manipulate the market? Jim Cramer, a former hedge fund manager, describes in this video on how he used to manipulate the market with his hedge fund dollars!
This video was pulled by YouTube last week, but it’s now back on the air!

[youtube]ZTt7IQB9rc0[/youtube]

19 Comments, Comment or Ping

3. stocktagger

We may never know how much of Cramer’s hedge fund performance was a result of manipulations.

Apr 23rd, 2007 @ 9:36 am
4. JJ Bartone

So glad someone is exposing this midget for what he is, his picks suck, his wife runs a hedge fund (claims they are seperated but together on weekends only, lol) and is on the beginning of his trades a week early
He shows are scripted, his calls are not only bad investment ideas, they are outright dangerous!
When his recommendations dive we hear nothing of it, when his touts win they are repeated ad nauseum.
And this guy is badgering the heck out of our fed chairman, bernanke. Criticise him but dn’t heckle someone guiding the future of economic policy!

Jan 30th, 2008 @ 8:07 pm
5. JJ Bartone

BTW, they pulled the video again. Guess NBC pulled rank because its bad for ratings.
I have seen the clip in which he admits he would commit fraud by manipulating the premarket futures numbers via wash trades of S&P contracts.
On todays show he denied ever having done so.

You make up your mind, was he lying now or then?

Jan 30th, 2008 @ 8:11 pm
6. WML

Tell me how comes the Canadian markets are under performing the American markets, and they (u.s.) have all the woes and we have all the wealth (resources – oil?? Something must be manipulating the Canadian markets.What is it? This is about as crazy as it gets. WML

Mar 17th, 2008 @ 3:09 pm
7. WML

Tell me how is one suppose to win here…….the price of oil goes up….resource stocks go down?? On the other hand the price of oil goes down, but hey! surprise, resource stocks sink even further….sounds like a no win situation to me….are the Canadian markets ever going to have a level playing field?? Something is drastically wrong here, and I hope someone smokes out the rat soon. As someone in the comments said ” As soon as my stocks go beyond my buy price I am outta here..so am I and many others. Today at this time the Dow Jones has only half the losses of the TSX….CRAZY ISN’T IT? WML

Mar 17th, 2008 @ 3:30 pm
8. WML

Hey how about this that is being bantered about openly…….the Governor of the Bank of Canada, and other central banks, are in cahoots with the U.S. treasury in manipulating the markets to favor the financials on both the DJI and TSX to the detriment of resource stocks??? Didn’t we all think that manipulating the markets was a crime? Don’t they call that insider trading which is a felony? If it were some lowly insider trying to manipulate the market they would haul his ass to jail. What makes these birds so different. They should call this the robin hood scheme…rob the poor to give to the rich…. is there not one institution left in the world that abides by honesty, integrity, and fair play?????

Mar 20th, 2008 @ 11:42 pm
9. WML

Hey is this web site caught in a 2007 time bubble? Where are the 2008 comments and rebuttals?
WML

Mar 22nd, 2008 @ 10:32 pm
10. wml

Genoil the next big oil engineering success….watch for the stocks to rise…GNH.V

Apr 18th, 2008 @ 9:21 am
11. JR

I hate when people do that

“wml …Genoil the next big oil engineering success….watch for the stocks to rise…GNH.V”

http://finance.yahoo.com/q?s=GNH.V

Apr 18th, 2008 @ 1:20 pm
12. wml

Hello JR…..What is there to hate about my comment? It appears you don’t hate it that much, else you wouldn’t have repeated the same thing in your comment including pertinent additional information???

What I don’t like is someone else plagiarizing my comments and using them in theirs. Criticize, however use your own words.

Cheers

Apr 18th, 2008 @ 10:20 pm
13. JR

WML, are you plugging GNH.V?

Hey, dont critize me for taking your lead.

I’m like the guy nexy door that wants to get in before the stock explodes.

Tell me WML, are you holding a position in GNH.V at the present time, if so how much?

What is your recommendation, should I buy now or wait, and what is your forecast on this stock over the next twelve months?

WML, I just love all of the questions you ask on this thread, like you are talking to yourself

Apr 19th, 2008 @ 9:45 am
14. wml

JR…JR…my my such arrogance from someone that can’t spell “criticize”

Question #1 – None of your business

Question #2 – Gather all of the pertinent information and draw your own conclusion.

No need to ask questions with someone like you around. I can’t be talking only to myself… obviously you are listening??

Here is a question for you – Do you have nothing else to do other than antagonize people?

Cheers

Apr 19th, 2008 @ 3:47 pm
15. JR

WML:

Absolutely, see how easy it was to “criticize” or was that criticise, even a guy (nexy) next door can do it.

You and me both WML, was I getting too you lol

Your call, is it stock tips, Cramers BS, TSX, oil, gold, price of gas … anything else you want to discuss thats financially related .. now stop whinging please.

You never did say why you believe Genoil will rise, do you have the inside scoop (wink-wink, nudge, nudge)?

2008 rebuttals WML, equal playing field. Now is your bubble ready to burst

Apr 19th, 2008 @ 8:18 pm
16. wml

Huh? dah……..speak in intelligible terms or keep it zipped.

Apr 20th, 2008 @ 12:43 pm
17. JR

WML:

ROFLOL to you also

Still cant answer the question on Genoil and Golden Hope eh!, both of which are currently 50% off their highs from a couple of months ago.

Apr 20th, 2008 @ 2:55 pm
18. JR

WML:

POINT TAKEN ABOUT FOLKS THAT MOUTH OFF.

OK, I’ll concede, but only if you tell me which of the following below would (in your opinion) give the best ROI in the next twelve months

I have just over $500 of spare change and would like at least 10% ROI by this time next year. You appear to have some stock trading knowledge, so I have chosen you WML to be my advisor on this exercise.

My thinking was to choose of of the following

$539 ea. Google – 1 share (volatile as hell, very liquid)
$20 ea. PWH – 25 shares (dividends monthy annual yield around 13.50%
$20 ea. GM – 25 shares (unknown)
$0.16 ea. GNH.V – 3100 shares (pump and dump, not liquid)
$0.42 ea. Genoil – 1200 shares (has possibilities – no time horizon)
$500 ea. Put it into my RRSP – in a daily interest account (safe & secure) gets me 40% tax return, 4% yearly on the deposit & I could always compound the tax return back into the RRSP.

Any advice would be appreciated, and think of this as your own money

Apr 20th, 2008 @ 3:23 pm
19. Jack

Jim Cramer is one of the most dangerous and irresponsible financial influences on television. He has no accountability and makes reckless calls severely financially injuring those who are naive enough to believe. I will be very happy to see him leave the public eye, hopefully soon.

Jul 18th, 2008 @ 12:39 pm