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UK Oil & Gas; David Lenigas leaves, who is going to ramp the stock now?

By Ben Turney | Wednesday 8 July 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


News just crossed the wires that stock-promoter extraordinaire David Lenigas is going to stand down as Executive Chairman of UK Oil & Gas (UKOG). The company’s shares fell sharply in an immediate reaction to this, only to recover quickly. Last seen, UK Oil & Gas was trading at 2.18p and the question on all shareholders’ minds must be who is going ramp the stock now?


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