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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

 
 
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Old 07-18-2014, 12:14 PM
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redaddiction redaddiction is offline
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Join Date: Oct 2011
Location: Lafayette
Posts: 1,474
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Default 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.
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