TheStreet.com RealMoney

The Buyers Are Here

By Jim Cramer

 About this article:
 Was it manipulation? Was it short squeeze? Was it hedge fund covering? Blah, blah, blah. I will tell you what it was. A lack of sellers. And that matters because in the pre-bull market -- sellers would have come out of the woodwork to sell their Wells Fargo, their JPMorgan and their PNC Financial. They are always on the prowl to meet that kind of phony demand with supply. But they either don't have any ammo left or everyone who wanted out of the bank stocks badly is gone. Not only that, but this market has taken on the coloration of a juggernaut. People are afraid to part with what little stock they have left on their sheets, lest the market pass them by entirely -- as is the case with most of the markets around the world. So you can decide that it's all phony or you...

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