TheStreet.com RealMoney

Stubborn Secondaries May Send Us Yet Lower

By Jim Cramer

 About this article:
 Can supply actually ruin a market? I think it's possible if there is no price at which the supply won't get done. Excuse the double negative, but typically after a couple of days of tremendous pressure, companies in the queue to sell equity back down or wait for higher prices. But from the action in Bank of America and the need, obviously, to raise capital in excess of the Chinese bank sale, we have another deal coming. Same with Huntington and Fifth Third . In fact, I am surprised they aren't down even more. None of these companies seems like they can get out of doing deals. Of course, it isn't just the banks. The Ford deal smacks of something that just had to get done. So now my touchstone deals like the U.S. Steel deal that made you so much money or the Wells...

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