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Leni Gas & Oil Plc – Update

Over the summer I made a call on Leni Gas & Oil to sell / short at 3.61p which whether by the grace of god or clever trickery has once again demonstrated the predictability of aim. I have folk daily slapping me on the back to say good call and contrary to belief if I’m wrong I’m man enough to admit it and talk about it. I’m not a fan of Leni Gas & Oil at 4p, let alone 6p, as it’s overvalued and overheated. I accept people disagree and I wish investors luck as Leni Gas & Oil may follow a market rebound however it’s not one I’d be ploughing into on a long just yet. Total profit / saving of 46% over the two LGO calls made via ValueTheMarkets.

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