A few years ago Jim Cramer got in trouble for talking-up stocks in which he held a position on mad money. I don't understand how Ackman talking shit about a stock in which he holds a short position is any different. How are his actions acceptable?
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Ackman's his own boss, Cramer's at the mercy of CNBC.
Well did Cramer disclose that his trusts owned the stocks? It probably also has to do with Cramer's audience being Main Street. Ackman is at industry conferences talking to people who actually can make a difference and are willing, able, and understand how to short.
I'm not sure about whether Cramer disclosed that he held a position.
Although the conferences that Ackman speaks at are for experienced people who are knowledgeable about the industry, I would argue that when his statement's are broadcast on CNN, the content is reaching that same Main Street audience.
I didn't do any searching, but I can guess that Cramer got in trouble because he either talked about a stock below a certain market cap or mentioned a trade in his Trust during a prohibited time period. Discussing small/micro caps is definite manipulation since large orders can easily move the stock. Not so much for HLF, GMCR, CMG, etc. You're allowed to talk your book.
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