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4.3¢ liquefied natural gas limited

The Buys and the Sells, page-45

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sivart

5,940 Posts.

111

06/10/14

12:12

Post #: 14079929
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Originally posted by sivart ↑

Smokey,

Today is 5m in volume, assume people are trading in and out on the way down and it's not just one group selling and one group buying and the real volume that's changed hands is much less than 5m. The big boys have over 250m in shares. This would be a drop in the ocean of their shares being unloaded if it's them, and most of them are professionals who would be stupid enough to try to unload their share of the 250m like this and cause such a drop in the sp. I'd suggest, if it's anyone big it's manipulation to get more shares, otherwise its traders trying to make money, which some may do for a while, but many will lose out in their attempts: like most do at the casino. Let's see where the sp is when BTA's start getting signed, progress on BH gets announced, etc etc. it's hard to watch but this is all part of the inefficient pricing of the market that you need to take advantage of in order to make big gains.

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45 minutes ago it was worth $2.925, now it's worth $3.19 again. So much must have changed in those 45 minutes of trading

LNG Price at posting: $3.19 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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