sivart, it seems like TeTeTe or someone in connection to this person may be doing a lot of the shorting. Just look at the close today (from $2.46 to $2.42 in an instant, with around 1m shares in volume). 1m shares purchased for a 4 cents share price drop shows some strong buying support.
I hope for TeTeTe's sake that the oil price doesn't increase overnight as many could see the recent announcement as a strong buying opportunity. After all, the share price did hit $2.55 today and retesting today's highs wouldn't be far off the cards should the oil price reverse.
What people forget is to check on the natural gas price. This is what will ensure future value for LNG. It has taken a turn for the positive (currently at $3.09, up from around $3.03).
America will not give up on its gas plans. Lowering the oil price is only hurting oil companies profits at present. Consumers are enjoying cheaper fuel at the pump.
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