The best thing about this stock is how little people know about it. And I don't mean that a lot of people don't know about LNG or it doesn't have a lot of attention, I mean how little info they know about the stock itself. You have people thinking it's a stair stepping stock and they think it will fall back to $1 without doing any DD whatsoever. This stock is shorted every day. I think today was 50%. Was 80% the other day...they have no idea what they're getting into. I'm sure a lot of shorts got burned last week or 2. I knew a guy shorting back when it was at $1.20. It's laughable.
btw, asx is up 10% so expect a good ride tomorrow.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.