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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (9129)5/26/2011 10:34:06 PM
From: Oblivious  Respond to of 34328
 
I bought GLNG @ 19 right after the great problems in Japan. I like the whole sector.



To: Steve Felix who wrote (9129)5/26/2011 11:20:53 PM
From: JimisJim  Respond to of 34328
 
Might be a good idea, but I did a lot of dd on LNG and I wouldn't touch that stock with a ten-foot pole. I don't like the shell-game corp. structure and I especially don't like some of the principals in LNG's many-layered org. structure and some of their highly paid consultants/directors... too many scam artists (one in particular has a record going back to S&L scandals/crisis in the '80s, followed by other dubious biz activities/biz failures in oil patch after skating away from imploded S&Ls scot free -- let's just say there's a pattern of scamming/biz failure following a couple of these folks for 20-30 years)... I won't point fingers on a public board at specific individuals with many connections who have extensive litigation (both offense and defense) and with deep enough pockets to haunt someone for many years...

I like the sector, esp. ones like LNG that are actively looking to convert/add liquifaction/export capabilities to their terminals... just don't like that particular company.

However, do your own dd and see what you think... maybe things (and people) have changed since I researched them... I tend to get irrational sometimes when I find something I don't like about a company and/or its management/principals and never look back, so your mileage may vary.

SRE might be an option.

Jim



To: Steve Felix who wrote (9129)5/26/2011 11:33:42 PM
From: Oblivious  Respond to of 34328
 
I was posting about LNG the sector not the stock. Sorry for the misunderstanding.