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Lenigas Cuba – pure bollocks in its desperate RNS of today – I smell panic

By Tom Winnifrith, The Sheriff of AIM | Tuesday 3 November 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.


The shares of Lenigas Cuba (CUBA) are taking another beating on ISDX today as folks desperately rush for the exit. But it’s hard to get out of a lobster pot so hey presto, Big David Lenigas rustles up a good news press release. But the problem is that the RNS is pure bollocks and everyone knows it. These days if Dave says 2+2 = 4 most folks would find themselves calling for Rob Terry to check Dave’s maths before believing the fat Aussie share ramper.


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