This stock has had a good run of late form the 20c. All those boasting ti would go to 80s etc before spudding showed themselves as being new to the market. Nothing wrong with that - but those who have been through the waves would have sold in high 50s.
She is VERY unlikely to go higher soon. Sorry - I know I will get no thumbs up!
This stock is a gamblers stock. Like all LNG small caps.
High rish - big rewards.
So if we do hit gas - 33% not 5 or 10%. This is a mini Karoon. BIG rewards. If not - she will be low for sometime - 20c EASY! As Woody VERY accurately posted this was a smart move IN CASE they do not hit gas.
If we hit gas = $$$$$$
If you have spare money = one can play high risk spec stocks.
If you do not - invest in mid tier with almost guaranteed sp growth. AGO/BRM for example.
Happy to ride this at what I have put in - as can afford it.
To the dreamers riding this and putting all hope/trust that this is a three to five bagger without any REAL risk = start trading with mock accounts before investing. That is what I did when I made big mistakes at the beginning. Much better for it last few years.
SP usually moves up to spudding! Like she has. VERY LITTLE when she spuds IF high risk. 33% is not bad - so we will see how she fairs. I do see a slight rise next week then flat - after dropping more tomorrow. IMO Hope I am wrong.
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