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Excelerate Energy Inc T.EE.DB


Primary Symbol: EE

Excelerate Energy, Inc. is a liquefied natural gas (LNG) company. The Company offers a full range of flexible regasification services from floating storage and regasification units (FSRUs) to infrastructure development, to LNG and natural gas supply. The Company operates a fleet of ten purpose-built FSRUs, have completed more than 2,700 ship-to-ship (STS) transfers of LNG with over 50 LNG operators and delivered more than 6,600 billion cubic feet of natural gas through 16 LNG regasification terminals. In addition to standard LNG carrier functionality, its purpose-built FSRUs have the onboard capability to vaporize LNG and deliver natural gas through specially designed offshore and near-shore receiving facilities. Its business spans the globe, with regional offices in approximately 10 countries and operations in the Argentina, Bangladesh, Brazil, Finland, Pakistan, the United Arab Emirates (UAE), and the United States.


NYSE:EE - Post by User

Post by uogradon Aug 28, 2012 8:26am
224 Views
Post# 20267812

Strange trading probably financing coming

Strange trading probably financing coming

anytime you see strange trading with MacQuarrie moving the market up when they don't have to you can pretty well suspect a financing of some kind is coming.  Over the last 4 or 5 sessions Macquarrie have moved the price up and took out bids at market at higher levels when they could have filled their boots at much lower prices.

My guess would be something like 10,000,000 shares at .85 or so so they could pay the debenture payment due in a few weeks and have enough dough to finish out the 2012 drilling season.  This would easily cover it.

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