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Posted on 11/23/15 at 6:50 pm to jimbeam
Thats because there is more and more doubt that this plant will get built due to low oil prices
Posted on 11/23/15 at 8:45 pm to lsuguru
Is this still a viable play?
Posted on 12/7/15 at 2:03 pm to MorgusTheMagnificent
quote:
Time to cut losses?
At $0.81/share? At that price, just put it out of your mind and wait/hope for it to go back up in the next few years...unless you have big money invested in it and need the cash.
Posted on 12/8/15 at 6:51 am to jeepfreak
Exactly. I'm letting it ride.
Posted on 12/8/15 at 9:45 am to ds1tiger
20k shares at 1.11, tis the season to be jolly
This post was edited on 12/8/15 at 9:45 am
Posted on 12/8/15 at 9:48 am to L S Usetheforce
Another double digit dip today
Posted on 12/8/15 at 10:05 am to L S Usetheforce
Good news is not one board member share holder has sold a share of lng.
This post was edited on 12/8/15 at 10:06 am
Posted on 12/8/15 at 6:10 pm to L S Usetheforce
I have over 18,800 shares of LNGLF for 1.06 a share. Just purchased 300 shares of LNGLY today foe 2.90 a share. I'm hoping it's going to come back. I have about 3K invested.
Posted on 12/8/15 at 6:14 pm to ERIKS1223
I did call Magnolia LNG in Houston today and the plant is still a go. The plant won't be up and runnung until 2019 right? I'm sure by then oil prices will be much higher than today. Let's just hope the big investors don't back out and scrap the project.
Posted on 12/8/15 at 10:06 pm to ERIKS1223
What's the difference between LNGLY, LNGLF, AND LNG?
Posted on 12/8/15 at 10:24 pm to djmicrobe
Lnglf, lngly are two forms of an Australian Company operating under Magnolia Energy (magnolia something)
LNG is Cheniere energy, different company.
LNG is Cheniere energy, different company.
Posted on 12/9/15 at 5:40 am to djmicrobe
In a nut shell LNGLY IS 4 SHARES OF LNGLF. Trading with USAA you can be charged some kind of 70 dollar fee for trading LF because it's not a US company. The LY is managed by an US company and traded as a US stock. No fee for trading it from what I understand. Just hope it starts going back up now.
Posted on 12/9/15 at 5:47 am to ERIKS1223
Well now that I'm ALL IN I can start playing the waiting game. Hope to see last year's highs sometime this year. I would really like to see this stock start moving in the right direction. I hope this is the bottom.
Posted on 12/9/15 at 12:15 pm to ERIKS1223
Bottom won't be found til well into next year huh? Can't see it not going down at this point
Posted on 12/9/15 at 12:40 pm to jimbeam
quote:
Bottom won't be found til well into next year huh? Can't see it not going down at this point
No one I've talked to expect to reap any high gains from this until 2018. If this thing gets to back to the 3.5-4 range, I'll sell and do it all over again.
Posted on 12/9/15 at 2:34 pm to Linkovich
quote:
If this thing gets to back to the 3.5-4 range
I'm almost positive in saying that once that occurs its not going back. This is going to be a stock that when when/if the announcement of 75% binding tolling agreements happen.....it's going to shoot up like a rocket.
This post was edited on 12/9/15 at 2:39 pm
Posted on 12/11/15 at 6:42 pm to L S Usetheforce
I hope your right. I'm sure everyone knows these low oil prices will not last. The man camps are being built as we speak. I think by the time they build the new facility's and they are online the market will be in a much better place. Right now everything is down. If I had more money to play with I might buy more lnglf/lngly.
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