Thread: Lng stock
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Old 02-15-2011, 01:07 AM
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Red Snapper
 
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Stops cost every time you put one on. "W" keep an eye on how long you own a stock. You have to watch out for Short Term Capital Gains. Taxes will eat up your profit quick quick. A stop is a good safety device but to many people over use them they eat up your profit too.

LNG is the future. I am currently working a large Gas field in West Africa and there are TONS of gas reserves around the world. The number one thing killing the indusrty right now is a lack of LNG plants. The company I used to work for is in the process of making a floating LNG plant and it will work. Once that is off the ground it will open up lots of areas to future development.
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