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Is it a pump-and-dump?

David Robinson's column in the Sunday Business Today section is worth revisiting. He looked at the sudden rise in the price of Synacor stock, and pointed out the involvement of some Internet stock boosters.

A fellow named Jonathan Ledbed, well-known for his work boosting stock prices with breathless predictions of future increases, has been talking up Synacor. In his disclamer, Ledbed says he owns shares and is being paid by someone who owns a lot of shares.

The folks at Synacor are not saying anything, other than to note that it is a good company with solid growth potential.

We'll keep an eye on it.

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