New journey starts - To close 5 gaps, page-143

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06/10/15

09:55

Post #: 16120123
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Originally posted by possum2 ↑

cacoa,

There will be many traders out there who will have done what you did. Taken the safe route and sold out yesterday fearing what the Dow might do last night. As it turned out the Dow was up which would suggest another good day for LNG . The oil price rising slightly won't hurt our chances either.
With the massive drop in the LNG share price it has provided an opportunity for two groups of investors.
Those that missed the run last time who have no bought and are holding and those who have enough money to buy 10,000 or 20,000 shares to make a quick 15c profit on the stock they purchased and sell out the next day..
When LNG was trading above 4 dollars it would have made it more difficult for the day trader with limited funds to play along. Now, it's become a traders darling once again.
The real winners of course will be those who buy now for the longer term { IF everything proceeds as we imagine it will } and just sit back and let things take there course.
The mistake many made last time was getting on and off with trading, but eventually finding that it becomes an expensive exercise and then you begin to look for other opportunities elsewhere.
Each to there own, but I am a big believer if you find the right story, with the right management, buying and holding is the only way to go to make real wealth.
A little bit of luck along the way won't hurt, as we have all witnessed recently.
A stable market, and no oil price surprises will be most welcomed.

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When I first bought a parcel of LNG at $2.80 I was planning on trading it.

Now that I know more about the company it looks to be a good investment. I'll definitely be holding this stock in the medium to long term.

LNG Price at posting: $1.63 Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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New journey starts - To close 5 gaps, page-143

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