New journey starts - To close 5 gaps, page-144

First 144 Last

Share
Profile

Follow
Arranging

4,435 Posts.

40

06/10/15

09:59

Post #: 16120166
Share

Originally posted by possum2 ↑

cacoa,

There will be many traders out there who will have done what you did. Taken the safe route and sold out yesterday fearing what the Dow might do last night. As it turned out the Dow was up which would suggest another good day for LNG . The oil price rising slightly won't hurt our chances either.
With the massive drop in the LNG share price it has provided an opportunity for two groups of investors.
Those that missed the run last time who have no bought and are holding and those who have enough money to buy 10,000 or 20,000 shares to make a quick 15c profit on the stock they purchased and sell out the next day..
When LNG was trading above 4 dollars it would have made it more difficult for the day trader with limited funds to play along. Now, it's become a traders darling once again.
The real winners of course will be those who buy now for the longer term { IF everything proceeds as we imagine it will } and just sit back and let things take there course.
The mistake many made last time was getting on and off with trading, but eventually finding that it becomes an expensive exercise and then you begin to look for other opportunities elsewhere.
Each to there own, but I am a big believer if you find the right story, with the right management, buying and holding is the only way to go to make real wealth.
A little bit of luck along the way won't hurt, as we have all witnessed recently.
A stable market, and no oil price surprises will be most welcomed.

Expand

Well said, it should be a another great day for LNG and other oil and gas companies.

Ofcourse pull backs are healthy too for the continuation of trend.

I wish you the best in your investment, Ill be buying more BPT today instead of LNG but both should do well.

Cacoa

Last edited by Arranging: 06/10/15

LNG Price at posting: $1.63 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

GRX

GreenX picks up prospective copper project in Germany

WGX

Westgold sets its sights on top five producer status through merger with Karora

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place