Cheniere Energy Inc (LNG)

[andrius]

crazy can't believe this thing up to $80s. Traded this a bunch sub 10 but not much since.

Curious whats the deal here now? See a lot of cheering but not a lot of substance or reasoning why this should be trading this high. From what I remember insiders were dumping this big years ago and continued on way up at MUCH lower prices. Revenues are unchanged, actually lower from 2-3 years back. Still losing bunch of money. Very little cash on hand compared to PPS and lots of debt on books with almost no shareholder equity?

3 year chart looks like a pink sheet promo play, koolaid will spill only question is when. don't like fighting trends but will be watching close for cheap otm puts soon