Jonathan Lebed, 14 Year Old Boy Fined 1/4 Million by SEC Message Board

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Pastimes : Jonathan Lebed, 14 Year Old Boy Fined 1/4 Million by SEC

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To: Don Pueblo who wrote (60)	9/21/2000 9:33:12 PM
From: Follies	Read Replies (1) of 172

Lebed bought shares in a publicly traded company, then went on the Internet under several different false names and hyped the stock that he secretly owned. When the stock went up, he sold it. He planned it all out before it happened. Lets take this one step at a time: Lebed bought shares in a publicly traded company All of us done this went on the Internet under several different false names Is your name really Tastes Like Chicken? hyped the stock Like this post??http://www.siliconinvestor.com/readmsg.aspx?msgid=14354932 he secretly owned You mean people thought he didn't own it?? When the stock went up, he sold itIllegal to make a profit? He planned it all out before it happened. I plan to sell my XYZ when it hits $120/share , so what?

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