Outlook 2020-21 to infinity | GMLP Message Board Posts

Golar LNG Partners

  GMLP website

GMLP   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  219 of 233  at  10/26/2019 5:14:07 AM  by

PinewoodsBear

The following message was updated on 10/26/2019 5:15:58 AM.

 In response to msg 218 by  Laurin_de
view thread

Re: Outlook 2020-21 to infinity

You need to go back to around 2006 or so and come forward to today. That will give you the background of this industries business cycle and the consequences for the industry and the investors in it. So this entire industry is not a buy and hold candidate.
But you can make a lot of money in a very short period of time. Just do not get complacent because it will not last. Odd thing that the down cycle is mostly (but not all) self inflicted by the managements of these shippers.... which has a history of repeating the same mistakes. Go figure.

So I would advise not putting very much into these stocks.... buy the best of the group that suits your portfolio and personal pain level. But seek better stocks in other industries before you speculate in Nat. gas or crude oil. Yeah I know... you can make a bunch of money in a short time ... I have done it so I know it is true... just beware of the number of contracts being written for new ships. If you cannot afford to lose the money then stay away.
Caveat Emptor

why not check out the revival of the old INCOME INVESTING Board.? Might find it interesting and useful.

***PinewoodsBear***


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 3     Views: 123
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
220 Re: Outlook 2020-21 to infinity Laurin_de 0 10/29/2019 1:14:00 PM






About Us  •  Contact Us  •  Follow Us on Twitter  •  Members Directory  •  Help Center  •  Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
© 2003-2019 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.


Loading...