LNG 0.00% 4.3¢ liquefied natural gas limited

From $5 to 45.5 cents, page-38

  1. 5,816 Posts.
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    invest,

    I don't how long you have been involved in the sharemarket. But your comments suggesting that ramping could push it from 13c to 5 dollars shows a lack of understanding of how the market works.
    Institutions and big money mainly from America pushed this stock to the levels of 5 dollars. The same money that pushed Cheniere from 3 dollars to 80 dollars.
    I am fairly confident that this big money from America wasn't tuning in to the comments being made on H.C

    The 200 million dollars that was raised a 4.35 did so, not knowing that the oil price would get punished months later.

    Do some research on why the stock rose to those levels and who were the main participants in getting the share price to those levels before making such an ignorant comment.

    Cheers.
 
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