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jacko09

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08/08/15

17:29

Post #: 15773707
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Originally posted by sivart ↑

TeTeTe thanks for the rant, but you clearly missed my point, or as usual just wanted to derail the conversation about something completely different and take it back to your continued rant about how lng makes no money at this point in time. On that subject, so did every other successful business at one point in its life, and so does ever other long term investment (an apartment complex needs to be constructed before it can start producing rent). If you aren't interested in any form of investment into the future then that's your choice, however you don't need to continue to go off on the same rant about the company making no money, being overvalued at any price, etc etc.

Anyway, back to the point of this thread. My point was merely that the fact that the sp rebounded so hard yesterday purely based on as you say, a token effort by the CEO in buying some shares, demonstrates that fear was a major element in what drove the sp down in the first place: fear and the fear created by those with enough money to move the stock down on relatively low buying volume by shorting it. Take away the fear, by the CEO demonstrating some confidence in the company by buying shares, and the price rebounds. That was my point, and I thought it was reasonably clear the first time around that that was all the point was that I was making.

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Siv
I love your logic and admire your patients to respond to our peanut gallery on this forum. This forum wouldn't be same without you.

LNG Price at posting: $2.87 Sentiment: Buy Disclosure: Held
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