Sunday, November 20, 2011
In the Zone
$LNG - Cheniere Energy, Inc.
Cheniere Energy, Inc., through its subsidiaries, engages in the ownership and operation of liquefied natural gas (LNG) receiving terminals and natural gas pipelines in the Gulf Coast of the United States.
The company develops LNG receiving terminal projects on Sabine Pass LNG in western Cameron Parish, Louisiana on the Sabine Pass Channel; Corpus Christi LNG near Corpus Christi, Texas; and Creole Trail LNG at the mouth of the Calcasieu Channel in central Cameron Parish, Louisiana.
It also involves in the oil and natural gas exploration and development activities; and LNG and natural gas marketing business. The company was founded in 1983 and is based in Houston, Texas.
Please keep your eyes on Cheniere Energy going forward for a price move above $12.65 - $12.70 on heavier than average daily trading volume of 5.15 million.
As the past week in the stock market came to a close (LNG) Cheniere Energy, Inc. ended the week trading at clsoed to end the week trading at $11.70 up $1.14 or 10.80% on heavier than average trading volume of 30.48 million. The average weekly trading volume for Cheniere Energy is 15.70 million.
This stock is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
*** Please have a close look at the charts listed below ****