Lnglf
 

Gonna buy another 10,000 shares also, although this price seems too good to be true

It 's actually been to 4.50 on an inter day trading high, we should have known better than to not take profits, that being said I believe we're going back to there with a more methodical rise which hopefully will sustain the stock price

Magnolia LNG timeline
 

Federal Energy Regulatory Commission (FERC)
• FERC’s role:
– Authorises construction and operation of LNG facilities
– Comprehensive analysis of project environmental, operational and safety implications
– FERC filing process expected to take 15 - 18 months from formal application to notice to proceed (NTP)
• May 2014 - FERC accepted MLNG’s application for the siting, construction, ownership and operation of proposed project and assigned Docket No. CP14-347-000
• July 2014 - FERC accepted Kinder Morgan’s filing application for authorisation to install compression and other related facilities on the KMLP Pipeline
• FERC’s progress towards MLNG’s DEIS was announced on 19th March 2015
• Typical timelines from MLNG current status:
– Following review of responses to remaining data requests, FERC issues a schedule of environmental review (SER), which is followed by issuance of the draft environmental impact statement (DEIS)
– Final environmental impact statement (FEIS) issued about 4 months after the DEIS
– Conditional order authorising the project approximately 30-45 days after FEIS
– After satisfaction of several conditions in the order, FERC staff issues an NTP that authorises commencement of construction
• NTP is required before MLNG can achieve Financial Close and commence construction

FEIS expected sometime in mid Nov.
Notice To Proceed with construction possible Jan. 2016

Going to get me some cold cuts today about 35% gain over a week

Gonna be a good day
 

I had all of my "play money" tied up in a different stock that is still down or, I'd been all over this! Yeah, there's some folks that are having a real good time right now!

Prepare to have this drop like stone.......I bought in today

LOL! I'm glad I stayed out of it then!

Down 8% already lol

yep figures

I am the kiss of death to a good stock............

It's gonna fall hard Friday. LNG.AX is the Australian ticker symbol for the parent company of magnolia LNG and it's down a lot tonight. It will gap down at the open.

Articles like his is what scares me about LNG stocks.


85 Gas Projects Dying on the Vine as LNG's Promise Falls Short
http://finance.yahoo.com/news/85-gas...?.tsrc=applewf

What is everyone else's take on this? Really not sure what to think here.

IMO, yes it's a highly speculative investment not to be considered as a core holding in a portfolio, but I personally have no problem with say a 1% - 2% value of an investment acct. allocated to LNGLF. It's not unusual for a growth oriented acct. to fluctuate that much on a daily basis. Worst case scenario if it goes bust, you write it off to offset some of your gains & you haven't lost your shirt.

X1000 Spot on. This is a speculative stock. If you can't afford to loose it don't invest here.

You guy's still buying this stock?

I guess no one is. I'm just watching it. With Oil and natural gas in such a long downturn, this stock won't get back to even $2 any time soon. But I will buy some at some point.

Maybe in a year or two. Oil is going to be down for a while. I do have some energy stocks im sticking with though.