Ng opens the week

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Fraser921
Posts: 2955
Joined: Mon Mar 22, 2021 11:48 am

Ng opens the week

Post by Fraser921 »

Down another 5 %

And it's not just expiring March. The next 9 months is down .09 cents across the board. NG is heading to a 1 handle.

I repeat, avoid the gassers until further notice. No one is making money at 2.17

CRK has forecast cash flow of 1 b. The problem is cap x is higher than that. So at best they are cash neutral. Whats a business worth that isn't generating cash. Answer absolutely nothing!

SELL :o
Fraser921
Posts: 2955
Joined: Mon Mar 22, 2021 11:48 am

Re: Ng opens the week

Post by Fraser921 »

Heading for single digits, imho
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