Ships are booked through the new Panama canal to load LNG in the gulf. Won't take long for the supply chain to show huge draws. All new tankers in the US fleet are being built to fuel on Nat gas. 6 new tankers this past year are format ready to be powered by Nat gas.
Be shorted. With such a low float this can make a positive impact. If there is an open order to trade your shares they can't be borrowed by the market makers. Put a sell order for $50.00 thus you disable the shorter from borrowing your shares. Imagine when some volume hits this thing. Big time pop!
Nthe old float would have been $1.25. next high $1.48. should consolidate around $1.72 - $1.86. you lower the float even more by making your share unavailable to the HFT.
The institutional shorts didn't just initiate positions. They likely are in the green if stone pops $10....
Given the structure a move out of the pennant appears imminent by tomorrow. Look for a sizeable volume increase. If not exit stage right.. glta
MLP hungry for more revenue streams.Like to see a buyout
not only that, repercussions toward all business would be devastating. CEO would be abducted.