Thin market alert!! Ooga, ooga! Today when
was unchanged, I went in to buy 2,500 shares. I figured, what the heck, this company shouldn't be down on a day when the
And what happens with this $9 billion company when I go in to buy those measly little shares? I move the stock up five bucks. What a joke!!
What does that mean for you? It means if you don't have to do anything in these markets, maybe you shouldn't if you can avoid it.
Join the discussion on
These are days when my trader grimaces at the mention of an
. These are brutal, short-handed days where no one wants to "facilitate" or offer stock short to complete a buyer.
Instead the market maker "lifts" all the offerings and takes a stock up on literally hundreds of shares.
Time to focus on the
B2B draft. Not the market.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long Brocade. Cramer's fund also may be long or short certain stocks in his B2B rotisserie league or Red Hot index. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at