There’s a group of posters’ on this forum who try to manipulate the SP and part of this involves denigrating anyone who criticises management. You often see them posting on Chart action and talking about volumes because they like to purchase their little volume when the price is right, then talk it up and then unload for a small profit if they think they can con enough people to start buying. Among them you often hear them say “they are in for the long term” and they don’t like people bringing up long standing issues like management’s lack of achieving projected goals. If they were in for the long term, they wouldn’t care if the SP dropped to $0.40 because if they really believed in the company’s potential, they wouldn’t be bothered by the SP. These posters’ try and bully other posters’ into not demanding more from management and criticising them, so they can get their little 5% - 10% profits every month and who would really care, if they didn’t blame short sellers and down rampers etc.
They’ll refer to others as whingers but they don’t actually provide any actual strategies or reasons for LNG to succeed because they haven’t got any!! I doubt they have invested any serious amount of money, otherwise they would be expecting better results for their investment, especially after LNG has spent so much time talking up their technology and how well they have been positioned for success. This group of wanna be bullies are like most manipulators, cowering behind their deception, they have their own agenda and I am sure they are hoping for an increase this week so they can sell some more after Friday’s announcement, but remember GV has said the only thing that matters are signed BTA’s, without them there is no FID. In saying that, if the SP falls to $0.48, and the BTA’s get signed it will go straight towards $1.48. I’m not interested in down ramping the SP, just stopping @*se holes from trying to manipulate it. I can’t wait to hear what the company has to say on Friday although one of my concerns is that they may be getting ready to raise more capital through another share offer. Just to refresh your memory on what the company have said in the last few weeks, I’ve quoted them in the following post.
Add to My Watchlist
What is My Watchlist?