RE:LEGI havent seen a board where so many posters are panicking.Look gentlemen,its understandable to be upset if you bought LEG at say $7 and up.But keep in mind that LEG always gets hit twice as hard as almost any other oilco....its a short players dream and its been that way the last few years.The company is still the same one that it was last year..even better.
The oil seasonality isnt here ,and the sentiment is horrible,what with news daily singing doom and gloom.Its easy to become disallusioned.But the fact is in a few months it will all be forgotten,its always the same.But the excuses for oil volitility are always different arent they?
I would suggest LEG holders to remember that you will lose your money only if you sell.So dont sell yet..wait till next year.Look at the charts...oils always go up in @Jan- mar...
Its not that far away.