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Leni Gas & Oil: Today's Share Price Drop Was Not In The Script

By Zak Mir | Monday 24 June 2013

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.


Having been one of the Leni's greatest fans in the recent past, it is difficult to look at the latest development in terms of the price action without taking the view that not only do we have a painful looking chart gap to the downside on hands, but that we are now forced to look at the daily chart in a rather more downbeat fashion than we have become accustomed to.

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