Yesterday a blogger put out some scathing articles on SeekingAlpha about the management of Legend Oil and Gas - LOGL.  This stock was on our short list as it has been involved in a paid promotion campaign, which seemed to artificially inflate the price.  We were short some shares (not many, as it has been very hard to borrow) and covered with a small gain.  Today it is dropping down 65% to 62 cents a share as I write this.   Yikes!
Disclosure: We currently have no position.
 


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