CQP - Why I Won't Invest In Cheniere
Cheniere Energy (LNG) has now risen back to $65, about $10 higher than it was at Christmas time. This represents the latest in a series of bounce backs by the company whenever its stock has come under pressure, and I recently took a look at it after being wary for several years. I found nothing in its operations or financial results that convinced me I shouldn’t invest in it - but I am still convinced I shouldn’t invest in it.
The purpose of this article is to explain this admittedly strange conclusion. I