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March 16, 2007


Beleaguring the Moron Longs

Amusing bit from this interview with James J. Cramer:

Cramer: Now you can’t foment, that’s a violation of…
Task: Ferment?
Cramer: You can’t… FO-ment
Task: FO-ment
Cramer: You can’t create yourself an impression that a stock’s down, but you do it anyway cuz the SEC…
Task: Right.
Cramer: doesn’t understand it. So, ya, I mean, it’s, that’s the only sense I would say it’s illegal.

Good thing Governor Spitzer was an investor in Cramer’s hedge fund.

- hat tip to my buddy, Bob -

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