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Thread: Legacy Oil & Gas (LEG)

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  1. 2012-07-05, 09:30 PM #1
    KaeJS
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    Legacy Oil & Gas (LEG)

    Couldn't find a thread on this, but I know it's been mentioned on here before.

    Quite low right now with the market sentiment and fall of oil prices.

    Time to buy? Thoughts?
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  2. 2012-07-06, 05:07 AM #2
    al42
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    I have a few shares from a while back at higher prices, around $7.50.
    Was trying to average down a week or 2 ago at $5.00 but it never got filled.
    I think the lowest it got to was $5.10. There is also a very large short position on this
    one just like PBN, I think the shorts are betting that with lower Oil prices and a very wet spring
    the Q2 Numbers will not be good.
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