It has been about 5 weeks since I last wrestled with Cheniere Energy, Inc. (LNG) in the immediate aftermath of its second secondary this year, which forced me to average down and then trade out of it pretty much at break even.
The secondary triggered an exodus from LNG at 14.70 that pressed the stock down to a 12.19 low on July 25, which at the time, my work argued, represented the end of the large corrective decline off of the April 7 high at 18.92.
