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Cheniere Energy Partners LP. Message Board

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  • curlyjowayne curlyjowayne Jul 10, 2009 3:08 PM Flag

    Lord help, I have already lost $2000

    Now I am down $2700. Wish the stock price would get back to $7.84 what I paid for it. Patience is the name of the game.

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    • You sound like a very new investor. If you cannot afford to lose the money you invested, you should not be in the stock market. That said, stop looking at the share price every day if it upsets you so much. Don't trade on your emotions. When I first started investing, I bought 500 shares of Columbia Sportswear at $8 just a few months after it had its IPO. It dropped below $7 and I panicked and sold it at a loss. It has since split two or three times and trades at about $20. It was a good company, and I knew it was a good company, but my emotions got the better of me, and I lost a great opportunity. If you are not sure why you bought Cheniere, if you don't think it is a good company, sell and get out.

      Cheniere could be risky. I am not positive that it will survive and continue to pay excellent dividends, but there are others on the board who are positive that it will. I am willing to ride it out.

      • 1 Reply to rockyrococco
      • I am 72 years old, and have been investing for 30 years. One of my first investments was Southwest Airlines. I just say things to put on the message board that will arouse some people to be careful. Also to create conversation. I only have $23,000 invested in CQP. I made $100,000 off Yahoo when it first started. I made alot off Walmart after 6 or 7 two for ones. I lost $60,000 on several stocks last year. I'll make it up. I have made alot more than I have lost. Thanks for being interested me. Good luck to you and your investments.

27.49-0.02(-0.07%)Jul 26 4:02 PMEDT