I have been surprised at the rate of decline...but most everyone is hitting on the right reasons; loss of confidence and credibility by management; overpriced "story" that is still several years away from being profitable; and most of all LONGS DUMPING. There were signs this summer, but a 45% decline is steeper than I thought. My caution here is one piece of bad news and this house of cards crashes into the single digits, which I would have never guessed in July. Nat gas is not a green/renewable story. IMO
Good call...he has 80% of the posts and 0% of the content... But he gets to holiday in Hawaii with his shrewd investments... LOL Fools and their money are easily parted...
Longs keep dumping ... It is the longs who are killing the share price !!! $2.00 might be a little aggressive unless there is another secondary or earnings disaster, but single digits are a real possibility a this rate of decline...IMO
Mark.... Even if there is a deal and the stock doubles you are still underwater... All of your pumping here is futile. IMO
You make an excellent point. Six years ago Cheniere was at $44/share and quickly went to $2.00, because the business model for IMPORTING LNG into the US was no longer economic. Now they are reversing the process and hoping the economics do not reverse as well. Very Risky IMO. This stock is also risky because so many variables are beyond management's control...and those that they can control, they do not do well..IMO Ten years in the red..."but next year we will be profitable..." We shall see... BTW I was short LNG then too...
MIZER , shorting is over , now we cover as the free-fall continues. Today was an easy covering day...so many longs are dumping. IMO
ANUSHOLDER....THE LONGS ARE SELLING INTO ANY RALLY !!!!!
A new 52 week low !!!! You should average down...LOL