Does anyone know why LNG has dropped so much the past 2 days or is this message board just a useless spam posting board? I'm wondering if Cheniere has some problems or concerns or if the entire market is ready for a downturn and stocks like LNG will be the first to drop. I guess this might be just be a 2 day pull back in advance of $30+, but high volume and sudden large drop is surprising. Just curious what others think; I understand maybe no one knows
A lot of stop loss orders on the books and they are going down to get them. Still more, so expect another down day. It will stop at the 22 -23 range and maintain its base for a short time. I placed a SL and it went in less than 5 min. That is OK we all can play the game. I bought most of my shares while the stock was consolidating. I will put another SL order in to help drive it down then buy just above that on the way back up, much more than I sold. Few stocks come along that are this predictable.
"A lot of stop loss orders on the books and they are going down to get them. Still more, so expect another down day. It will stop at the 22 -23 range and maintain its base for a short time"
i hope you really dont take yourself seriously ? do you ?
better recheck your crystal ball ...i think its broken
The stock went up very quickly from $22.50 to near $29.00. LNG still does not get good press coverage. The lackeys in congress still work for oil. This company has little governmental support. However, most of the the rest of the world knows that LNG is the better way to go.
Thanks for people responding. It's good to know the message boards have knowledgeable people who can help and not just advertising links. It sounds like Dominion's announcement might be the main reason or one of the main reasons. Maybe the overall market is due for a pull back also? I guess if others come on board and get export licenses then maybe the companies who build infrastructure might make sense also. Looking forward to reading more opinions.