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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 fdfd55on Dec 16, 2008 1:40pm
406 Views
Post# 15649080

RE: RE: RE: RE: RE: RE: RE: RE: BIDS

RE: RE: RE: RE: RE: RE: RE: RE: BIDSno you got it backwards.

If there is a bid at $6 then they all tell everyone that it will sell at that price.

Then their friends, the FUNDS, buy from $2 all the way to about $4 or $4.50.

From that point if you multiply by 1.5, you will get the price of $6.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities