LNGLF
 

I am interested in this stock so I decided to start it's own thread separate from the LNG thread.

They haven't even begun construction yet but the price already has huge gains from just a few months ago. Completion isn't scheduled until 2018 and that's without any delays. That never happens. So probably 2019.

What would cause the price to rise in the next 4 years when they aren't receiving any revenue yet? Is there any chance to make some money during this time frame on pure speculation? I'm just trying to figure out if I should tie up any money long term or wait till a little later to get in.

Speculation Speculation Speculation is what stocks like these are based on , when more people talk and buy the price moves


I'm not taking a chance of not having any of this so I'm buying it up as much as I can afford to
I'm knocking on. 5500 shares right now

Why not ???

Yeah, I don't want to miss a move up, but my money is in other stocks doing so well. No free cash and would hate to sell some of my others and miss something there. Decisions, decisions!

Yea that is what's sucks , I sold off some other stuff

I also had OILT spilt day before yesterday and just evened out my share numbers and too extra cash and bought some more LNGLF

Have two buy in so far $2.09 and $2.04

dang dang

I bought in at .79

For me, it would be very difficult to remove money that is doing well, to go into a stock that has "potential" for doing well. Not a logical trading strategy. Emotional trading works for some-but not for others. Now if "extra" cash becomes available... ;)

Gonna make a big jump when it opens today��

why u say that Jordan? what's the scoop?

assuming ur name is Jordan

i tried to buy in before the open!! my funds didnt post in time!!!!

I'm kicking myself for not buying last week and buying again this morning.

i cant till monday! pretty upset

up to 2.64 this morning

you can watch the Australian market (LNG) it's open during the night here. LNGLF follows it. It's the mother company.


Sent from my SPH-L720 using Tapatalk

Mudda Fricka!

Just watch the Australian market the night before (LNGAX) and you will have a pretty good idea of what (LNGLF) will do the following day. I bought in @ .30 a share and I am still holding. This is more of a lottery ticket then anything. I would say it is all speculation but they did make the cut on the "accepted for review" list for FERC approval. They have some major players on board and have hired some very experienced personnel for the BOED phase. I am being told that if everything pans out, this stock should plateau around the $4 (maybe even closer to $5) per share mark per their current production capacity numbers. Everything as of now has been looking good, I have read multiple letters of recommendation from senators/congressman and large organizations that are all in favor of construction. The only organization against this is LNG Trunkline (or BG now) and the Sierra club.

If construction happens and is complete and the company is successful, this stock will be well over $4 or $5

Sent from my SPH-L720 using Tapatalk

Possibly so, but my money won't stay in that long. According to all the big name investors that I've heard speak on the subject, per Magnolia's expected capacity, the company's stock value is estimated to be around $5.

Projected capacity at max design rates is about 8mtpa that considering all four trains are constructed. What's important to remember is that 75% of this company will be owned by investors. Per expected long term contracts based on 25% capacity proceeds you can calculate profit vs cost for O&M. The gas purchase price rises do not play a factor do the contract terms, which will state a fixed difference for profit. There is also a presentation out there, it may prove otherwise, I have not read it yet. See link http://www.lnglimited.com.au/IRM/Com...orPresentation

Something to keep in mind: Originally the parent Company was planning to build this same facility in Australia (Fishermans Warf) and their competition bought the rights from the Company that was going to be their supplier. Since then Magnolia has decided to build the facility here. But, I am being told that they still might move forward with building the facility in Australia and have filed for an extension. This facility will be identical as the Magnolia facility and if both were to be built then you could expect the stock price to double from $5 per share to $10 or $12 per share.

One other note: I find it weird that Fishermans Warf only filed for a 3 month extension. This may indicate that they have another supplier already locked up. I also believe that the filing of this extension is what has been driving the stock price up recently.

Just my $.02. Take it for what its worth.

It just seems like this price is unsustainable. They won't even be online till 2018-2019. So for 4-5 years there will be no revenue for the company. That's a long time to wait. Revenue and earnings drive stock price. But I know speculation comes into play in today's stock market.

I'd hate to be on the wrong side of a pump and dump trade.

I hear you man.

I think many see the potential much like Cheniere (LNG) and want to get on the train before it's to late.

On a side note here is a fairly optimistic article. Maybe it will aid you in your decision.
http://www.reuters.com/finance/stock...rticle/3020104

I agree it will never be a Chenier I just think... (or hope) lol, it will be around $20. Lol

Sent from my SPH-L720 using Tapatalk

Lngly is mother stock $107 a share

LNGLY is the same thing as LNGLF just the LY sold in bundles of 40 shares.

Sent from my SPH-L720 using Tapatalk

Correct

Bought lf at .26 and .49 a share never thought it would shoot up like that in 4 months

LNG on the Australian market is the parent company (LNG.AX) not LNGLY

Sent from my SPH-L720 using Tapatalk

Lngly is actually the ADR for the Australian company and lnglf is just a US entity

The Aussie market is now open. LNG.AX is up another 10 cents.

Update:oops. should say, was up. it's falling a little now.

LNGLF $25 or bust

Been a large investor in many of the majors in the nat . gas sector since 3 year's know.Doubled my share's when ete split. bought majorly into lng chenier.At the beginning of July I bought lnglf @ 2.04 and all in until?Here 's a symbol I 've bought and on a regular basis and made good money at least the last three runs.( the past 3 months).GTAT

Chugga Chugga Chugga... CHOO CHOOOOOO

The Train is taking off!!!

$3.46

Yep she is rolling


Damn I want to short this stock so bad !!

3.73

I agree. There is no financials to support this rise. It's gotta pull back at some point. But I'm still puking for not buying last Monday when I asked about this stock.

@4.12 I will double my investment

almost broke $4. the quick money guys must be unloading cuz its starting to slide a little

High of the day is 4.05. Then dropped 20 cents in a matter of minutes. Volatile. Hit still huge daily gain.

My finger is on the sale button ....

I bought in 10k last Monday and I am torn as to what to do right now. Stock just hit 4.02...

Dang! Started to buy last week at $2.60 but chickened out! Oh well.

Hell with it

Put in a sale at 4.05 if it hits that today
Have to take my money

Everybody selling off

Lol

Looks like it will not hit my 4.05 today

It should hit that again. It's all over the place at the moment.

booooooooo. party pooper

I was hoping this stock would just stay stagnant for 4-5 years so I would not have to worry about it lol.

When have u know a LNG stock to stay in one place

I sold and bought so many times on LNG it made it almost too fun

You get days like today where it goes crazy and you can sell and buy in same day and make money

If I sell today I'll but back in on the next drop off

I'm with you. That's a long time away and gonna see all sorts of ups and downs I'm sure. Might need to take Dramamine to watch this stock.

Yeah, but Cheniere is an operational facility. This one is still only a concept almost. I just hope is pulls back so I can get some. I'm tapped out on funds now.