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Dominion Resources, Inc. Message Board

  • coolin_out47 coolin_out47 Feb 20, 2013 2:10 PM Flag

    Nice Move !!

    Nice little breakout here .. and pretty confident of D's future outlook too ...

    Sentiment: Buy

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    • I wonder what is causing it? Long term I think they could be granted an LNG export permit and the Stock would move several points on that however I have not heard of any movement in this area. I'm thinking of taking profits in my IRA account and then buy back on the inevitable "dip."

      • 1 Reply to usenatgas
      • So far Chererie has been the only one granted a permit to export.
        Having said that, there is a meeting scheduled between Japan's FM (?) Abe, and Obama for a 'free trade agreement' on the export of LNG. Japan is currently paying about $16.50 per measure of LNG and currently has tentative contracts with D for LNG export.
        I'm also watching D's 'Insider Trading', since the 'notable' share purchases back about the end of 2010, and for a few months into 2011 (timeline ??) and I've not seen a major selloff from these guys since that time. Their investments (I think) were based solely on the LNG side.
        D investments in the LNG Industry leaves it in an excellent position to move forward as an Enery/Electric Utility Company.
        As for "inevitable dips" ?, I don't think it will be anything major other than normal ups and downs, and expect a fairly steady promise for it's future growth .. specially on the LNG side.

        Sentiment: Buy

 
D
74.74-1.50(-1.97%)Aug 26 4:02 PMEDT