Have a look at the price rise today. Again I reckon this is due to Pump and Dump merchants preying on 'anticipation' of an announcement prior to, or during, the conference call.
Here's how I reckon it'll play out - 1. P and D merchants pump the prices up. 2. FOMO kicks in and retail buyers accelerate the SP upwards (been there, done that!). 3. After the conference call (when no significant new announcement is made - which is what we expect anyway) P and D merchants take profit. 4. Retail Investors panic, sell and SP will be in 61 - 63 range again by next Monday (maybe lower, depending on general impatience levels). 5. Time to top-up again. Let's see!
LNG Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
