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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: My question is on LEG - legecy oil again. They just released some drill activity - which seems positive - however, I am always skeptic about these NR as they can 'spin' the results. They will be reporting their financials on Nov. 8th - without asking to much from you - in terms of you educating me - what should I be looking for? How do I access the results? This stock was $12 this year.....trying to understand if it can acheive this level again (as you know Eric N. from sprott - sure thinks so....this is one of his top pick's)
Read Answer Asked by yvonne on October 31, 2012
Q: Hi Peter. I was wondering what you think of Legacy Oil & Gas (LEG.TO). Lots of short sellers in this one. I know you used to run funds with the ability to go long and short. Putting on your "short seller's cap", what would be the argument for someone to short this stock because from my perspective it looks cheap with good growth and a CEO with past success in making investors money.

Thanks,
Anthony
Read Answer Asked by Anthony on May 10, 2012
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