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LGX Oil + Gas Inc ROAOF

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

Bullboard Posts
Comment by DaycareKid007on Nov 10, 2008 3:29pm
392 Views
Post# 15576804

RE: RE: RE: RE: RE: Shelley pushed back until 2009

RE: RE: RE: RE: RE: Shelley pushed back until 2009First and Morgan Stanley dumping today has done most of the damage to the SP.  Together they have sold almost 1.3 million shares (roughly 28%of all volume today) and account for only 27000 buys. This significant selling down pressure has made a negative day out of what probably would have been a up day. Not sure why the dump but Morgan Stanley will most likely continue selling until the end so I wouldn't expect an end of day recovery.
Bullboard Posts