View Full Version : Short Squeeze on LNG?

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.

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.

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

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)

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.