TheStreet.com RealMoney

Is the Death of Spec Good or Bad?

By Jim Cramer

 About this article:
 The public is losing interest in the specs, and I don't know whether it's a good sign or a bad one. Think back, even to late spring and early summer, when every day the biggest volume gainers were the Citigroups , CITs , Fannie Maes and Freddie Macs , little dollar stocks that dominated all trading. A second wave of buying centered on the small regionals, such as Regions Financial , Huntington Bancshares and Fifth Third , created flare-ups, like vicious sunspots, on an almost spontaneous basis. American International Group -- until the fated day when I floated the notion of an equity offering that, of course, the company should be doing -- showed up on the list every single day! Now the game seems to be up. I first heard it from optionsXpress when it said on its call that retail is...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.