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Win the Battle or Win the War?
#1

Shorts and whiners on Yazoo  credit shorts for being more right than longs.  That's crap.  Check the charts, high and lows and the LT trend is up.  Shorts have won battles based on all the wrong reasons.  Their case shifts as premises have been proven false.  The only thing they may have is illegal timing knowledge.  All that crap of bad management, bad resource, bad partners, bad deals, bad performance is just that crap.

Longs win battles on checked boxes.  SD will be a nice checked box but the war will be won on FID.

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#2
Here here!
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#3
We need not just an announced deal but certainty. To Wall Street that may be a closed deal. The sell down closed. The FID , The money in hand to build out the LNG plants and for the infrastructure build out.Then we get what we want. Wall Street hates unceertainty..
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#4
"We need not just an announced deal but certainty."

If only investing was that easy. Just wait for the news and then buy.

The market is a discounting mechanism. Investors buy and sell in anticipation of events.

Let's see if some real buyers show up today.
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#5
Perception is truth until it isn't.
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#6
jft, I don't think it's a black and white dividing line between uncertainty and certainty. I think there will be multiple steps decreasing the uncertainty, and the stock will react positively on a net basis although probably with more volatility because of short efforts as they hopefully lose control over time or at some point.

There was large industry and press attendance at this PNG Conference. We may already be seeing some buying and/or covering from that and the return of O'Neill and others to PNG.
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