How to manipulate the Stock Market, straight from a Manipulator.

Jim Cramer goes into the details on how he manipulated the markets to suit his needs.

www.youtube.com...

Spreading bogus rumors throughout the mainstream media to bring down a stock is just one of the fine tactics used. "Wealth" is easily created and it also easily lost at the whims of a few.

The markets are rigged!
And, the SEC is probably going to be investigating this guy, because some of what he admits to is quite illegal...lol...

I dont know why everyone seems so shocked. This isnt the first time he's admitted to this. In each of his books he discusses the "old days" in some detail. He mentions it with a wink fairly regulary on his show. All of the big fund managers do it. The more positions you control the more people you can control. Dump a chunk and the idiot home investors start freaking out about a "big sell off", something he warns people about all the time on his show and in his books. He constantly tells people not to get their investing ideas from stories about the companies but rather follow sectors and trends and stick to hard numbers like earnings and debt than public hype. And never, ever, ever panic when you see an investment going down for what seems like no reason whatsover because chances are, theres is no reason whatsoever outside of some manager trying to shift a price.

to skirt the issue of his owning stock he talks about on his show, he sets up a blind trust which owns the stocks.

He's allowed to pump or bash a stock so long as HE doesn't own it. The trust does so he's allowed to do what he does.