LNG 0.00% 4.3¢ liquefied natural gas limited

lng snapshot, page-93

  1. 5,814 Posts.
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    joshhopp,

    Its very easy to get caught up in the panic when the share price drops like a lead balloon as was the case this morning.

    LNG opened at 94c and before you know it 3 million shares were sold below 80c down to 76c.

    Crazy, crazy stuff.

    In times such as those take a deep breath and consider the reasons why LNG was being sold down.

    If the announcement would have read something to suggest that the project would now be in jeopardy then there would have been every reason for the collapse in the share price.

    Fortunately this was not the case, so the panic in this instance was not warranted and so therefore under normal circumstances was never going to be be sustained.

    Therefore the rebound was always a likely hood.

    Don't follow the herd unless it can be justified.

    Well done joshhopp for hanging in there.






 
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