Share
clock Created with Sketch.
30/09/14
12:36
Share
Originally posted by possum2
↑
I can appreciate and understand everyones enthusiasm from this mornings run, but to be honest this craziness serves no good to no one, least of all LNG.
It's the type of behaviour we often see in the penny dreadful columns and one that we could probably do without.
Had the ASX rebounded by 150 points in one day, it might help to explain the sudden surge but the reality is there was no reason for it to act like it did this morning. What concerns me most is that they can control it down just as easily as they can control it up. And that should be a concern to everyone, because we don't want to see the share price drop 40 to 50 c in the blink of an eye and rattle the market.
A nice controlled market is what LNG needs right now, not a circus.
Expand
Absolutely correct as always, it's just much easier with at least a little bit green in the sp to convince the uninformed not to sell. If only everyone would belong to this forum.