NG HAS A 1 HANDLE
Posted: Wed Feb 22, 2023 5:42 am
selling continues. 1.968!!!!!
and it's not just paper traders selling March. The whole damn curve is getting slaughtered.
The EP genius's refused to hedge NG at 10,9,8,7,6,5,4. They hedged too low in 2022 and didnt hedge high in 2023
I am amazed CRK has held up so well and not in single digits. We need to study who has debt issues as these gassers are cash flow negative NOW! SELL!!
Sell everything. There is panic and blood in the street. (I wonder how the guy that got tilted last week @ 2.75 is holding up)
Looks like it is spilling over into crude next and service names sooner or later.
Bastardi says it will be cold next winter and Biden and Democrat moonbats want to ban gas stoves.
Ive never seen a business thats so cyclical as this one.
and it's not just paper traders selling March. The whole damn curve is getting slaughtered.
The EP genius's refused to hedge NG at 10,9,8,7,6,5,4. They hedged too low in 2022 and didnt hedge high in 2023
I am amazed CRK has held up so well and not in single digits. We need to study who has debt issues as these gassers are cash flow negative NOW! SELL!!
Sell everything. There is panic and blood in the street. (I wonder how the guy that got tilted last week @ 2.75 is holding up)
Looks like it is spilling over into crude next and service names sooner or later.
Bastardi says it will be cold next winter and Biden and Democrat moonbats want to ban gas stoves.
Ive never seen a business thats so cyclical as this one.