Review of Lebed's Historical Performance
I took the time to review the daily share price data on his top gainers in 2007. I went back to the date he recommended the purchase of these stocks and looked at all the price and volume data up to the dates of the highs he indicated. What I found was pretty interesting and substantially counters what some people here have posted about Lebed being nothing but and Pump and Dump artist.
First of all, the highs were made on these stocks were anywhere's from 2 - 8 months following the dates recommended. One of the 10 stocks did sustain it's high several weeks after the date recommended. Although not all of Lebed's stock recommendations for 2007 weren't listed, the data reviewed on these stocks did not give me any indication of a Pump and Dump scheme. Yeah sure, if you send out a recommendation to thousands upon thousands of loyal investor followers at the same time you can expect an unusual spike in volume during the first few days of trading thereafter. But in the case of these 10 stocks I did not see the stocks sell-off in the days following as you would see in a true Pump and Dump Scheme. Check them out for yourself if you doubt what I am telling you.
It's true that Lebed was caught in a Pump and Dump scheme back in 1999 when he was 15 years old. But that seems to be past history and his track record for picking stocks that have doubled, tripled, quadrupled and more in the months following his picks speak for itself. And that's why I believe Lebed has a big investor base that purchase stock on his picks because of his track record for picking big winning stocks.
It seems to me that some posters here want to take issue with Chad Curtis because of MAGR or whatever. And they don't want to really acknowledge his and Glusic's accomplishments with MDOR. And that's a pitiful shame. I personally appreciate and applaud Chad Curtis and Joseph Glusic's accomplishments to date with respect to development of MDOR. And that includes bringing in Lebed who I am sure will do wonders in increasing MDOR's investor base.
Just my 2 cents
