Workinprogress'  Instablog

Workinprogress
Send Message
I am using Seeking Alpha to read articles, find worthwhile stocks, and give feedback on various situations. I have not been studying this field for very long, but I am glad that I decided to invest some time in it. I have not yet graduated from high school, but that is not a way to hinder me.
  • A Quick Thumbs-Up To LNG 0 comments
    Mar 14, 2013 8:41 PM | about stocks: LNG

    Cheniere Energy (NYSEMKT:LNG) has been doing very well lately for a variety of reasons related to its surroundings, despite the energy sector being very competitive.

    This is a 6-month graph of LNG from stockcharts.com/h-sc/ui. Just take a look at that for a moment. It is absolutely beautiful, having a strong uptrend for the last 4 months. If you had bought it around the end of November, for instance, you would have made ~33% return on it. That right there is simply amazing. According to data.cnbc.com/quotes/LNG, these other statistics are also noteworthy:

    Beta: .91- thus the company moves very similarly to US markets, which have hit several records the past few weeks.

    52-week change: 62.58%- another staggering statistic, and charts show no sign of this letting up.

    Today alone the stock increased nearly 6% in value, more in one market day than it has for many months.

    Cheniere's industry is also quite favorable at the moment, as it is trying to diminish natural gas import/export prices and intends on making them cheap within a few years (thanks to the Market Currents here). Unlike a company like VRNG, LNG is always working on different things, helping it maintain stability. At this rate it could hit $30.00 by the end of this month, maybe higher.

    So, now is a crucial time to take advantage of the combination of extremely bullish market days and the incredible snowballing of LNG's prices up where it hasn't been for over a year (www.thestreet.com/story/11869882/1/cheni...). Buy plenty of shares today!

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in LNG over the next 72 hours.

    Stocks: LNG
Back To Workinprogress' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • How might you take advantage of the Bakken Shale oil package?
    Aug 13, 2014
  • My fund is getting ready for our summer "flushout." We own $CVA$, $D$, and $COP$, but I don't think it's best to keep all three.
    May 21, 2014
  • Introduction To The Ideal Beta Equation http://seekingalpha.com/p/1c4le
    May 4, 2014
More »

Latest Comments


Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.