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View Full Version : Short Squeeze on LNG?



nickndfl
02-25-2011, 06:35 PM
Is there a significant amount of shorting CHENIERE ENERGY (LNG)?

If so, does the squeeze continue to push the price higher or does it crash and burn?

Volatility will trigger most stops.

Who has the best strategy.

theplantguy
02-25-2011, 07:22 PM
A short squeeze will push the price up as the short must at some point buy to cover his short position.

nickndfl
02-26-2011, 10:44 AM
Sure, that's reasonable. But at what time do the shorts takeover and drive the stock down?

chartsrgood
02-26-2011, 11:03 AM
1. There are more liabilities than assets,
2. 82M in cash and 3 billion in debt
3. Book value is negative(-11.00) thats negative eleven dollars a share
4. 31% of the float is short, gee i wonder why.
(information came from yahoo)

nickndfl
02-26-2011, 03:54 PM
Stock Maven still has it listed as a 100% Buy with high resisitance @ $11.32 and support @ $8.72.

Earnings were supposed to be released on Friday before the market and I still cannot find them anywhere.