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LGO Energy - The Utterly Shameful Scorecard of Destruction & Greed

By Tom Winnifrith, The Sheriff of AIM | Saturday 13 February 2016


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.


Some are trying to argue that folks have made money out of LGO Energy (LGO) as a gambling chip by trading it. Maybe some have. Most of have lost because as the truly shocking hard data below shows this has been a masterclass in ramping, value destruction and executive greed. The only real winner here has been Jabba The Hutt, Mr David Lenigas.


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