I for once agree with TeTeTe on his comment below
When the stocks retreat after all the hype.. some investors/traders will get burnt.. and the winners are the instos.. coz the fund managers don't care... its not their money they're messing around with
Not the way I do it. You only go long if you conisder the stock undervalued or worth investing in. Based on your buy criteria. And for me LNG is not. I don't just buy or short because everyone else is. I have my own strategy that i use. Eventually everything will balance out of get back to a reasonable equilibrium. Sometimes stocks can trade irrational for a lot longer than rational. For no reason what so ever. That said i will look for shorting opportunities on rallies and catch the short term pullbacks. Eventually I will catch the next big wave down. Which will dwarf the previous ones.
LNG Price at posting:
$4.90 Sentiment: None Disclosure: Not Held
