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Stone Energy Corp. Message Board

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  • ecwtully369 ecwtully369 Dec 16, 2011 11:03 AM Flag


    Good Morning Cats.

    do you still recommend LNG?? what are your thoughts regarding this stock today?? adding to my watchlist. going to do some DD and check this one out. just wanted your thoughts/opinions on the stock.....



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    • Yes. I doubled my position in LNG yesterday under 8. Their stock price dropped expectedly recently due to issuing more shares in a recent secondary. The shares were bought around $8.35. The co has significant remaining debt but several big deals starting in next few yrs. I do not TRADE in LNG. I invest and expect over $20 within 24 months if not sooner. I also added SGY stock and 2017 8.625% coupon Stone Energy bonds recently.

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