Disclosure: We currently have no position.
Yesterday a blogger put out some scathing articles on SeekingAlpha about the management of Legend Oil and Gas - LOGL. This stock was on our short list as it has been involved in a paid promotion campaign, which seemed to artificially inflate the price. We were short some shares (not many, as it has been very hard to borrow) and covered with a small gain. Today it is dropping down 65% to 62 cents a share as I write this. Yikes!
Disclosure: We currently have no position. Comments are closed.
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Paul SaadSenior Manager, Paul Saad and Associates, LLC Archives
May 2020
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