Here is the video that Jim Cramer made in late 2006 and caused enormous controversy. Jim Cramer talks about how hedge funds operate.What is so surprising is that after being off and on the Internet repeatedly theStreet.com decided they would repost it (for how long this time?) for the attention.
It is about 10 minutes long and very revealing all the way through to the end with real examples. By the way, when hes talking about moving a stock up or down - the method used is illegal because it is matched trading - it is just hard to catch. This is an educational view into the Level 2 world. I think all traders and professionals in publicly traded companies should see it - at least for knowledge exposure.
Link: http://link.brightcove.com/services/link/bcpid1459183594/bctid1163950434
1 comment:
I could not believe what I was hearing and seeing on that video. My whole view of Crammer has changed. I never relied on him but he was a source of education to me a few years ago. Bahhh to him.
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