bullrush18 and gerat, read this whole post..........before cheering.
I sold my shares for a small loss today. Projected 12% production increase, LGX going crazy, TSX up, oil up and all LEG can do is go down. YTD it's down over 10% and that's with all the good news this year.
I have been saying it for a long time, the shorts absolutely own this thing. There is no incentive for them to change their minds. It's clear a dividend is not in the cards in 2014. It is time to join the winning side. I shorted today. The market will correct in the first quarter and LEG will drop under the $5.00 mark again. I'll cover my short there and go long again.