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re: Venture Global NYSE Release

Posted on 3/1/25 at 7:21 pm to
Posted by SanJoseTigerFan
San Jose, CA
Member since Feb 2013
2446 posts
Posted on 3/1/25 at 7:21 pm to
It’s at $15 right now poor guy
Posted by joe8 7
Thibodaux, LA
Member since Nov 2005
819 posts
Posted on 3/6/25 at 8:36 am to
Down 27% at the open this morning.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4434 posts
Posted on 3/6/25 at 8:46 am to
It’s pretty insane. This kind of implosion usually limited to vaporware or biotech SPACs. This will be interesting to watch.
Posted by Dale Gribble
Member since Aug 2014
293 posts
Posted on 3/6/25 at 12:17 pm to
So we buying or nah?
Posted by speechles
Member since Jan 2013
1357 posts
Posted on 3/6/25 at 1:25 pm to
Think I’ll buy a little just to see. Could be great value under $10!
Posted by joe8 7
Thibodaux, LA
Member since Nov 2005
819 posts
Posted on 3/6/25 at 2:51 pm to
I’ve only been watching this stock because of this thread, but have been waiting for it to somewhat settle on a bottom.

Currently down 37% on the day to 8.92.

Posted by stewie
Member since Jan 2006
4024 posts
Posted on 3/6/25 at 3:05 pm to
Just bought in at a hundred shares at $9.18 avg.

Let’s see how this thing plays out.
Posted by Dale Gribble
Member since Aug 2014
293 posts
Posted on 3/7/25 at 8:45 am to
In at $9
Posted by LSURoss
Dragon Believer
Member since Dec 2007
16433 posts
Posted on 3/7/25 at 9:21 am to
Took a little swing at 9.80.
Posted by SlidellCajun
Slidell la
Member since May 2019
15872 posts
Posted on 3/7/25 at 10:03 am to
There’s an issue with the fact that Ventire locked in some contracts to sell nat gas at rates below the market so that will hinder their revenue growth.

Doesn’t mean it’s worthless, it just means it’s worth less than the IPO price
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4434 posts
Posted on 3/7/25 at 11:48 am to
It seems the glaring issue are concerns those below market contracts went unfulfilled so they could sell at market rates and inflate their earnings. Furthermore, they substantially understated facility startup expenses which allowed them to set a fantasy IPO valuation.

If the next earnings report adds additional construction cost overruns or gas prices start dropping, the bottom might really fall out.
This post was edited on 3/7/25 at 11:50 am
Posted by 22jctiger22
Member since Apr 2013
495 posts
Posted on 4/1/25 at 7:55 pm to
quote:

It seems the glaring issue are concerns those below market contracts went unfulfilled so they could sell at market rates and inflate their earnings. Furthermore, they substantially understated facility startup expenses which allowed them to set a fantasy IPO valuation.


Is there a good play here? Or is the consensus that this will drop significantly further given all the smoke that this stock is already producing?
Posted by 22jctiger22
Member since Apr 2013
495 posts
Posted on 4/2/25 at 5:32 pm to
quote:

Is there a good play here?


Fair enough. I’ll take the no response as this stock is a POS, enough at $10
Posted by Saunson69
Stephen the Pirate
Member since May 2023
8230 posts
Posted on 4/2/25 at 5:40 pm to
VG thought that they would get $50 a share when they went to IPO . No one would pay over $25. Talk about complete delusion. They are trading against Cheniere. Whatever their production % or revenue % of Cheniere is that will be their market cap vs Cheniere's market cap. Higher up VG's somehow thought that they would trade 225% of Cheniere market cap while only having 50% of their production. This was very foreseeable and complete delusion out of greed by VG.

Maybe they have more upcoming projects COD than Cheniere in near term, but I love when higher ups out of greed delusionally try to price their product, then reality hits. It's similar to Shark Tank when some rando loser who has some unique vaccum cleaner that pets can ride that makes $50k in revenue a year tries to get a $10 million valuation from the Sharks. They immediately shut it down.
This post was edited on 4/2/25 at 5:45 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4434 posts
Posted on 4/2/25 at 5:48 pm to
I think it’s a good candidate to buy under $10 to flip at $11, then rinse and repeat.

But, I don’t understand the true believers over on Stocktwits. Talking about waiting 5 years to payoff like LNG…if they believe that, why not just buy the stock in four years?
Posted by Dale Gribble
Member since Aug 2014
293 posts
Posted on 6/3/25 at 11:31 am to
Up 19% this morning
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4434 posts
Posted on 6/3/25 at 12:06 pm to
60% in the past month has turned our frowns upside down.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3440 posts
Posted on 6/3/25 at 1:28 pm to
Bought @ 9.89. Holding for awhile but up 41% is nice for a change.
Posted by SlidellCajun
Slidell la
Member since May 2019
15872 posts
Posted on 6/4/25 at 8:11 am to
I’ve had it for a few months. It’s been rocky but I’m up over 50% now in price appreciation. Also Sold some calls against it and never got called out.

Plan is to hold.
This post was edited on 6/5/25 at 6:36 am
Posted by dstone12
Texan
Member since Jan 2007
38400 posts
Posted on 6/26/25 at 10:18 am to
BofA says after it went from 19 down to 15 it can get back up to 18.50
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