recent short position as of Aug 31Another drop in the short position but when I went back to March 15 of this year the short position was at 30,401,212 so we've seen a drop of 14% year to date but also an increase in the number of shares outstanding. The shorts are not having their way but share holder apathy has taken over recently myself included. Unless you see a major shock in Mid East oil production the price of oil is not going to be doing much for the rest of the year. Which means other sectors are going to look more attractive. However it's Friday and I'd hate to miss a Merger Monday announcement so for now I'll wait but I still think I may reduce my positon and use my profits elsewhere. Just my opinion.
Issue Name Symbol As of Aug 31 As of Aug 15 Net Change
LEGACY OIL + GAS INC. LEG 26,575,054 27,162,952 -587,898