LNGLY - US markets, page-17

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sivart

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10/10/15

10:49

Post #: 16150478
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Originally posted by accaeric ↑

Thanks @Dr.Seuss

LNG has been actively trading by brokers/instos, over 50% register is North American investors would increase volatility as we have already witnessed few roller coasters since June 2014.

I expect share price to recover based on the following assumptions:

- Share price has been overdone - drop over 70% within a very short period for a billion dollar company, how hard it dropped, how hard it will bounce.
- Share price usually drift lower without news, especially announced, "no update by 30 September", Be Greedy when others are Fear.
- When news flow is anticipated to come, BTA, FEIS, AGM, EPC, etc these will accelerate recovering
- US renowned investors have loaded LNG at much higher price, BAUPOST average $2.30 est.
- Cash $181m on 30/6/2015, currently around $160m est, no cap raising risk in the near future.

We have already had a first big bounce from $1.23 to $2.25 (+82.92%) in 6 trading days.
Retraced to $1.8s is quite common.
I expect next run to fetch around $2.80 level, no point to sell on the uptrend, IMO.

Sometimes, holding is more rewarded than trading especially for a quality stock.

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The million dollar question Acca is did you expect the 70% drop in the first place, or did you just have a plan to re enter the stock closer to where you previously exited, if you were ever lucky enough to see those sorts of prices again?

LNG Price at posting: $1.82 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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LNGLY - US markets, page-17

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