NIA reacts to my Pump & Dump Revelation

Schiff Report Video Blog May 23rd 2011
If you Wikipedia "Pump and Dump," Jonathan Lebed, the brains behind the NIA, is the first reference as an example of the fraud. It's like the old joke, "look up pump and dump in the dictionary and there is a picture of Jonathan Lebed" No wonder NIA keeps his name hidden. if you were running an on-line pump and dump operation, would you want the wikipedia poster boy for pump and dump scams to be the public face of your company?

IMPORTANT NOTE I now believe the NIA email sent to me threatening to "expose" me was a fake sent by a copycat youtube channel.

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[PiXeLS2000]

Schiif accused NIA of pumping MGP.V, but the thing is they suggested it at C$0.39 on 18/5/11, the price of MGP.V today is C$0.58 bid. That is a 48.7% increase in a couple of weeks. So when does the dump happen Peter?

[SchiffReport]

@PiXeLS2000 The dump is happening right now. Where do you think all the shares are coming from that NIA members are buying?

[LorenaIsa123]

My dear lord. I don't know who to believe anymore...

[HanumanCapital]

@LorenaIsa123 Schiff isn't the only talking about Lebed's pump-and-dump of BVSN. If you have an understanding of price action then you'll see clearly that the relation btwn the accelerating increase in price shows that the rate of gain is unsustainable. BVSN isn't tangible in any way. Mega Precious Metals was a PnD too. Schiff's claims are spot on with my analysis of the situation. This was mentioned on the Hanuman Capital blog on the 19th.

[adipredescu1990]

@calgary1231 But the NIA is worth talking about, these guys have to be completely discredited so that innocent people don't fall for their scams. I can understand your view, but I think Peter is correct to bring this issue up as often as possible.

[BPwhistleblower]

Check out the NIA's latest PnD scam ... ticker BVSN. Simply amazing they get away with this right before our eyes. Pitchforks and torches here shortly !

[iSHYNE40]

I would like to thank you for enlightening me on issues that I needed clarity on. I appreciate you being thorough and clear. I will probably refer back to your video blog for future resource.

[calgary1231]

Schiff save your breath for somebody worth talking about... You are a bright guy.

[VelvetWind8]

@LorenaIsa123 That's exactly how I feel.

[88roro11]

nia guy discrediting the truth.. about how manipulated our stock market and money supply is...

[ProdigyofHappiness]

@LorenaIsa123 yourself...

[roadkill988]

@LorenaIsa123 only yourself