LNG the US gas boom infrastructure play

[BFG]

Oil sub $50. LNG.NYSE down 4% last night so I expect LNG.AX to be down 10%+ today to sub $2.00. Massive shorts likely to pile in again. Meanwhile, Directors are realising the bubble is over and have exercised big options @ 25 cents. (Still nearly a ten bagger, good work if you can get it eh?!?!)

What the US hedge funds taketh up they can also hammer down. Never forget that!

[JBmurc]

Brought a position in LNG- $1.64 think we will see a bounce of these levels

[JBmurc]

LNG up 13% in the US markets .... : ) 1.85 asx ish today if we see the same movement

[JBmurc]

Goldman Sachs & Morgan Stanley bought net about 2.7 million LNG shares over last week... the same guys calling for a lower Oil price ?

[macduffy]

Goldman Sachs & Morgan Stanley bought net about 2.7 million LNG shares over last week... the same guys calling for a lower Oil price ?

Probably acting on behalf of a number of clients with differing objectives.

An example of Chinese walls in action?

[JBmurc]

Probably acting on behalf of a number of clients with differing objectives.

An example of Chinese walls in action?

Yes very right and also shares that can be sold short through their Brokerage businesses ....


....as for LNG today up only 5% so far 1.72 ...had a sell order in place 1.84 took off well at open 1.78 but run out of legs .....hoping for a charge for the end of the day