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10/11/14
17:46
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Originally posted by MrGaspo
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Totally agree Poss. The one thing that could occur is that sometimes there are issues that only the privileged few would know about. This could be positive or negative, and this could lead to abnormal trading activities that in turn could show up in effective TA systems, BUT ......... any smart investor should be alerted by unusual trading (up or down) which is why I keep my eyes on the ball. Because I am an investor not trader I don't buy unless I understand what I am buying and I don't sell unless I understand why the investment is no longer appropriate.
The recent fall in the LNG SP in my humble opinion is due to the fall in oil prices and although this should have little impact on LNG (because of our business model) we got hammered none the less. The underlying truth is that nothing had changed as far as LNG is concerned which is why I used the opportunity to top up.
The recovery of the SP began before the announcements regarding FL and BH which may mean some people may have been expecting some good news. The short of it is that I also believe "announcements will see us achieve new highs, nothing else" which is why my target price for LNG remains at $6.00 by June 30, 2015.
Go LNG
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You are not in a position to understand your investments. If that was the case you'd be a multibillionaire. Everybody understands their investments until they realise that they were lucky!