LNG CDM

A chart I follow Daryl Guppy's multi moving averages. A good...

First 7 Last

Share
Profile

Follow
Naish

2,061 Posts.

08/08/14

21:22

Post #: 13793027
Share

Originally posted by Billy Budd ↑

Possum2

I have a largish holding in a company - started in Australia, now dual listed in USA also. In the medical device area. Just before and after listing in the US it went mad. The shorts (in the US) had to buy to cover after US listing. Went form $6 to $26 and back to $12 very quickly. The instits got on board from the start (Jan 2010) and have continually kept adding and new instits buying in. In the end the instits buying hasn't meant a thing (SP is now $2.31). They own about 75-80% of US listing - insiders own near 20%. Instits lend to the shorts who kill the SP. It has been a very nasty last couple of years.

Now I'm not saying LNG will go this way - very little chance - none really. That company is at the mercy of the pharmas - they are in control of everything. Biggest problem is waiting for them to do all their testing etc and having to raise more money to continue.

LNG is in control of most things. I like the way the CEO keeps the market informed. Other company we are kept in near total darkness about most things.

My reference about favour is everyone wanted a bit of the action - now the price has run so much a lot of people will be set or have taken profits. The US instits have grabbed a heap at cheap prices and may add more. But the SP can't keep going up and sooner or later it gets a bit risky to pay top price for a run away share price. The price is now off 60c. You don't want the instits to get too many because once they are loaded up who is there to keep the price up - no buyers sooner or later and the SP tumbles. Fours years is a long time to keep this SP up and hopefully up more.

I have known about Sabine Pass for a few years but not known who owns it. Cheniere only come on my radar a month or so ago. Very hard I imagine to compare Cheniere to LNG - so many variables. I did read the posting.

Just a heads up to a few people here - things don't always work out the way we think. The market works in many a funny (and not very funny) way. Anyhow been great reading all your comments - hope the SP stabilizers and then proceeds on some more. Cheers

Expand

A chart I follow Daryl Guppy's multi moving averages. A good thing to tell you stay in the trade or get out.

CDM Price at posting: $1.48 Sentiment: None Disclosure: Unspecified

LNG Price at posting: $3.32 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

AII

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

FCT

FirstWave inks $400K deal with Dominican Republic major telecom

EOS

Two defence stocks, two $60M deals – why EOS shares are going up

Monday's HotCopper trends: DroneShield contract, Vection pilot order | June 30

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

A chart I follow Daryl Guppy's multi moving averages. A good...

Top Stories

Almonty Industries shares EXPLODE! Rheinmetall, Renk, and Hensoldt left in the shadows!

FirstWave inks $400K deal with Dominican Republic major telecom

Two defence stocks, two $60M deals – why EOS shares are going up

Monday's HotCopper trends: DroneShield contract, Vection pilot order | June 30

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News