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LGX Oil + Gas Inc ROAOF

Energy Oil & Gas E&P
LGX Oil & Gas Inc is a junior oil and gas company. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its projects are in Southern Alberta. The company invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing, and transportation assets located in Western Canada. LGX is dedicated to delivering growth in reserves and production for its investors through land acquisition, exploration, and development of oil and natural gas resources.


GREY:ROAOF - Post by User

LGX Oil + Gas Inc
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Comment by hyonenergyon Sep 09, 2008 9:08pm
481 Views
Post# 15443318

RE: strange world...

RE: strange world...Gismo3

You brought an interesting thought to my cranium.

If I invest in the Horizon BetaPro Crude Oil Bear Plus ETF - they would put my money to work shorting oil and/or oil companies.

Which means my investment in the ETF would actually drive down the share price of Oilexco and other oil companies.

Please correct me if I'm wrong.

If I am correct, I see how a bunch of small retail investors with not much knowledge and no ill intent could have a major impact on the market. That may sound obvious but what I am saying is - it's not just the big guys.

Also, if I am correct, then the swing back up might be as fast as the down swing has been because of the bandwagon jumpers.

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Dealroom for high-potential pre-IPO opportunities