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Tom Winnifrith Bearcast special - the David Lenigas brand badly tarnished could LGO be a zero?

By Tom Winnifrith, The Sheriff of AIM | Monday 19 October 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.


You cannot say I did not warn you about LGO Energy (LGO). After today's news I ask if it could go to zero? The answer is yes and the shares are a stonking sell still. But the wider David Lenigas brand is also badly tarnished. I will have another dynamite revelation on Lenigas Cuba (CUBA) shortly, Afriag (AFRI) needs a placing big time and the Horse Hill hype is being shown to be just that so UK Oil & Gas (UKOG) has real issues. It is not a happy Monday for Big Dave.


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