Sunday, July 24, 2011

Dollar, Bernanke, NIA's agriculture pump & dump stock revealed

Schiff Report Video Blog July 21st 2011 Note: On Friday July 22nd GRO opened at 1.58 (high of the day) and closed at 1.09 (low of the day was 1.07). Volume was heavy at just under 3.5 million shares. Average daily volume over past 90 days is 155000 (including today and yesterday's near 2 million shares as some NIA members apparently front ran the trade based). This is typical pump an dump action. NIA members who paid $1000 to get the name of this stock and rushed to buy it at the open (440000 shares traded in first five minutes) are already down over 30% on their investment plus the thousand bucks they paid for the "suggestion." On the other hand Lebed and Adams made a killing. My guess is that they bought their shares for around 90 cents over the past two weeks and unloaded their entire position today. This profit is in addition to the $1000 dollars they collected from each of their victims for the privilege of getting ripped off! Are you following any of this SEC?

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