weekend aftermarket lounge 12-15th Sep, page-34

Just continuing the theme.....I bought LNG at 30c, sold at $2.85 and was feeling quite pleased with myself. Since then, we've seen LNG rise to $4.30 + now, so I've had some mixed emotions.

Many different ways to play, sell initial investment and free carry the rest, sell initial investment plus take 100% profit and free carry the rest, or hang on for the ride, or sell the lot and move on........

I comfort myself by reviewing my thoughts at the time. LNG were producing nothing (and still aren't); while they have patented technology, it hasnt been tested on a large scale (however I'm sure it will live up to expectations); the share price went from nothing, to outer space in a very short time........it could do the same in the opposite direction.

We are only wiser with hindsight. We make the best decision that we can, based on the data that we have at that time. If I put myself back in that place, I believe that I still would do the same again.