Hedge Fund Manager John Paulson trying to short squeeze Cheniere Energy LNG

Discussion in 'Chit Chat' started by Daal, Oct 28, 2008.

  1. Daal


    Oct 17, john paulson reports a 10% or more stake at going bankrupt company LNG
    This company is getting decimated, losing cash every quarter with a bad business model

    now get this, at Oct 23 he buys and sells 24,478 shares of LNG for NO apparent reason. this could very well be that he is just trying to get peoples attention to his stake on the company
    Shares short as a % of the float is 27%
    maybe he will require a certificate for part of his stake(as ask other big shareholders to do the same) and create the mother of all short squeezes?
    mods, if this is not the right forum for being a penny stock please move to the trading forum