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DrSeuss

14,059 Posts.

5

03/12/14

12:02

Post #: 14399600
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Originally posted by possum2 ↑

Yes Mr smurf,

Thank god you have cleared that up. I thought you might be losing the plot.

And can you remember what happened on the weekend regarding the oil price and constant talk by some commentors that LNG projects could now be put in jeopardy because of it.

You see Mr smurf I am just an ordinary possum who doesn't have a crystal ball sitting on his desk.

That's what we have been trying to tell you for the past few weeks. Events do happen that can suddenly dictate share prices of companies. It's not to do with any chart, its more to do with the ever changing world in which we live.

I would suggest to you that LNG again represents good buying at these levels, but if we wake up to Wall Street being bombed by terrorist overnight that the price of LNG will probably be a lot lower then what it is today. It's not rocket science.

Does that actually make sense to you. Because if it does we might finally be getting somewhere.

Expand

Then why was LNG getting sold off running up to the oil price fall on Friday? Why is LNG up today when oil fell last night?

Until you understand this I'm afraid you will be in the dark

LNG Price at posting: $2.73 Sentiment: None Disclosure: Not Held
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0 Great analysis

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