Replies to post #1260 on Ayn Rand and Russian Investments

[pugdog]

The postings Lebed made to Internet website message boards in connection with the eleven transactions referred to above included baseless price predictions and other false and/or misleading statements, and always caused an increase in the volume and price of the stock. These messages were generally devoid of substantive content and, in addition to false price predictions, touted the stock by claiming, among other things, that the stock was about to "take off," would be the "next stock to gain 1,000%," and was "the most undervalued stock ever."

http://www.sec.gov/litigation/admin/33-7891.htm