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Lnglf and your thoughts?
Posted on 8/9/15 at 12:53 pm
Posted on 8/9/15 at 12:53 pm
This stock is back to hovering around 2. This stock is a topic of much debate around the Lake Charles area and some expect it to explode late this year. Is anyone here buying in on this stock and what are your expectations? The LNG game has been a volatile one locally.
This post was edited on 8/9/15 at 12:56 pm
Posted on 8/9/15 at 1:32 pm to Linkovich
The only reason people are excited about it is because of what LNG did. The situation is completely different, as LNG was inches away from bankruptcy and only saved by shitty energy policy from the Feds.
It might skyrocket, but it won't be for the same reasons.
It might skyrocket, but it won't be for the same reasons.
Posted on 8/9/15 at 1:46 pm to Linkovich
tons of talk in the Lnglf thread on this board
Posted on 8/9/15 at 1:49 pm to Linkovich
Posted on 8/9/15 at 2:10 pm to Linkovich
Its implied valuation even at $2 is still roughly $3 billion. 3 billion dollars and all they own is some land and an idea. But yeah read the big thread.
Posted on 8/9/15 at 2:47 pm to sneakytiger
Well they actually don't own land and an idea anymore. They own patents, they own tolling agreements, pipeline agreements
Posted on 8/11/15 at 9:08 am to L S Usetheforce
quote:
patents, they own tolling agreements, pipeline agreements
paper, paper and paper
Meanwhile you have a company like DM with an existing regas facility, export facilities under construction, and a strong equity sponsor with a valuation roughly equivalent to LNG.AX. I don't understand why this company is so bid up.
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