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Solazyme, Inc. Message Board

  • hoobee321 hoobee321 Mar 12, 2012 1:14 PM Flag

    the downside of a Cramer bump

    is that by definition, you get a lot of weak and stupid new holders (they are the Fredo Corleones of the stock market world).

    The sudden move also attracts a lot of amateur day traders, e.g. stay-at-home young dad types who flit about from this stock to that convinced they are talented traders (while their poor wives convince themselves that it will all work out okay somehow).

    The end result? Hey, the shorts who have around $50 million on the line here and who have cleaned up on losers like Amyris are just a wee bit more experienced and sharp witted than Cramer's audience. They know that unless there is some sort of news released (which is a possibility) in the near future, these weaklings are easily shaken out one by one.

    (BTW, isn't it great how Cramer has never even so much as said a word about getting Lenny Dykstra his gig on or touting him as "one of the greats on Wall Street"? I was thinking about that the other day when Dykstra was sentenced to more jail time.)

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