Getting some darn good feedback from readers about my Gregg Hymowitz pump-and-hope-there-was-no-dump
piece from this morning. Most people feel that managers
know better, and the more skeptical of you think that Hymowitz
better because he had touted small-cap before and had seen the results.
Of course, some of you think that the whole thing is a big joke anyway, and a very small group thinks that the reader, Bonnie, deserved what she got. These same people probably think the
Better Business Bureau
has teeth that are too sharp and don't believe insider trading should be illegal.
And then there are the ex-regulators among you who are flabbergasted that no one other than yours truly has ever been investigated for this kind of stuff -- and when I was, I wasn't even involved in the stock!
Bottom line? The next manager who pumps a small-cap stock within my purview gets the stuffing knocked out of him or her in these cyberpages. You've been warned.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund had no positions in any stocks mentioned. 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