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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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Post by DeadlyDuoon Mar 25, 2009 8:12am
515 Views
Post# 15868425

Can you believe this

Can you believe thisSome little jerk sitting in front on streaming data being paid with tax dollars wants to know why OIL is rising.
He has the nerve to ask OIL executive to release a statement saying they don`t know why it`s moving.

That`s the way the market works.  He shouldn`t be in the job if he hasn`t figured that out.

The market has several forces pushing it in two directions.  Fundamental news, Bear & Bull Market sentiment, & Technical trading to name a few.  What a waste of time.  The technicals are high for this rally to continue.

He sure didn`t ask when it tumbled in the worse free fall I`ve seen.  At that time the market was falling (Bears), the price of oil was falling, credit was being squeezed.  Not Nr`s necessary to decribe that.  Now everything is rising, creidt is lossening(relatively), the price of oil is rallying.
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