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Re: aaronhebert88 post# 96

Tuesday, 06/10/2014 12:33:11 PM

Tuesday, June 10, 2014 12:33:11 PM

Post# of 609
Click on data tools then trades then type lnglf and search. It is 15 min delayed.

So I did some DD. The main Australian LNG stock fell 25% in 2 days and now so has LNGLF and LNGLY. So we pretty much follow LNG. Since they are on ASX you can pretty much predict what the stock will open tomorrow depending on what LNG on ASX closes at. That's why the stock doesn't move much once it opens. The MMs open the asking price on what the ASX one closed at in their time zone.

Good news is it hit bottom intraday and started a reversal so LNG may go up tomorrow (their stock exchange opens at 8pm est) so most likely LNGLF will follow by gapping up.

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