NG is getting ugly

[Fraser921]

On June 25th, Aug24 ng was trading at 2.951 today 2.147 down a whopping 27% in less than 3 weeks.

Some EPG members called Dan "stupid" for dropping gasser CRK out of Sweet 16. I think it was pretty smart!

Some companies are pre-announcing earnings with realized NG prices as low as .10 cents.

Yes, it could soar in future, but first the glut has to be worked off

[allen46]

I agree that the glut will be worked off but it is very difficult to know when and when the "market" will start bidding up the NG stocks. I'm out of the NG stocks for now but just bought some BOIL at $10.90. Will buy more if it drops below $10. We shall see if I'm way too early but it is impossible to pick the bottom.