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re: Lnglf.....who has been stocking up?

Posted on 11/23/15 at 11:15 am to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/23/15 at 11:15 am to
Lowest I've seen in a while.
Posted by lsuguru
Lake Charles
Member since Aug 2007
1782 posts
Posted on 11/23/15 at 6:50 pm to
Thats because there is more and more doubt that this plant will get built due to low oil prices
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 11/23/15 at 8:45 pm to
Is this still a viable play?
Posted by MorgusTheMagnificent
Louisiana
Member since Dec 2014
1852 posts
Posted on 12/7/15 at 12:51 pm to
Time to cut losses?
Posted by jeepfreak
Back in the BR
Member since Oct 2003
19433 posts
Posted on 12/7/15 at 2:03 pm to
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 by ds1tiger
Closer than you think
Member since Apr 2006
359 posts
Posted on 12/8/15 at 6:51 am to
Exactly. I'm letting it ride.
Posted by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 12/8/15 at 9:45 am to
20k shares at 1.11, tis the season to be jolly
This post was edited on 12/8/15 at 9:45 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/8/15 at 9:48 am to
Another double digit dip today
Posted by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 12/8/15 at 10:04 am to
Saudis are winning
Posted by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 12/8/15 at 10:05 am to
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 by ERIKS1223
Member since Dec 2015
5 posts
Posted on 12/8/15 at 6:10 pm to
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 by ERIKS1223
Member since Dec 2015
5 posts
Posted on 12/8/15 at 6:14 pm to
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 by djmicrobe
Planet Earth
Member since Jan 2007
4970 posts
Posted on 12/8/15 at 10:06 pm to
What's the difference between LNGLY, LNGLF, AND LNG?
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 12/8/15 at 10:24 pm to
Lnglf, lngly are two forms of an Australian Company operating under Magnolia Energy (magnolia something)
LNG is Cheniere energy, different company.
Posted by ERIKS1223
Member since Dec 2015
5 posts
Posted on 12/9/15 at 5:40 am to
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 by ERIKS1223
Member since Dec 2015
5 posts
Posted on 12/9/15 at 5:47 am to
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 by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/9/15 at 12:15 pm to
Bottom won't be found til well into next year huh? Can't see it not going down at this point
Posted by Linkovich
crater lake
Member since Feb 2007
9541 posts
Posted on 12/9/15 at 12:40 pm to
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 by L S Usetheforce
Member since Jun 2004
22745 posts
Posted on 12/9/15 at 2:34 pm to
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 by ERIKS1223
Member since Dec 2015
5 posts
Posted on 12/11/15 at 6:42 pm to
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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