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Posted On: 04/25/2017 12:14:13 PM
Post# of 15624
I added shares today. I remember being told i was chasing LNG when I bought at 12.00 and again at 20.00 for a 16.00 basis. I sold about two years later (maybe 18 months) at 78.50 . The shorts eventually did a number on the stock and today it trades in the mid to high forties.
I traded LNG aggressively in my trading account but built a nice position in my investment account and waited patiently. Worked my ass off to make 70K one year trading and 73K another year of constant trading. But my investment account took little of my time and went from 160K basis to a huge number by anyone's math. These numbers relate to my experience with LNG. I expect a similar experience from OWCP but it will take some time which, hopefully, we all have.
I traded LNG aggressively in my trading account but built a nice position in my investment account and waited patiently. Worked my ass off to make 70K one year trading and 73K another year of constant trading. But my investment account took little of my time and went from 160K basis to a huge number by anyone's math. These numbers relate to my experience with LNG. I expect a similar experience from OWCP but it will take some time which, hopefully, we all have.
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