Re: making $$$ off cramer mad money!!!
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Why isn't he just buying, airing his show, pumping these stocks, and then dumping them? Seems like the easiest way to make money ever if he can actually move stocks by airing a TV show. It also seems like one of the most transparent pump and dump schemes ever attempted.
eastbay
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He has been accused of this alot, even investigated which he talks about in his "Confessions" book. I believe he has to observe a 5 day rule on stocks he mentions on the show. On Mad they also throw up disclaimers on which stocks his charitable trust owns.
On one of the boards, I read a post where some guys had a shorting scheme on his picks, they would wait a day or two or something like that, I will have to find the post.
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