Beaten Down Natural Gas Likely to Stay Down, Making Producers a Short [View article]
mistrofan,
My take is that the author isn't talking about NG futures but rather NG producers, who would barely be profitable at $6. Going long an ETF like UNG allows a lot of upside before the NG producers even begin to become profitable.
Beaten Down Natural Gas Likely to Stay Down, Making Producers a Short [View article]
My take is that the author isn't talking about NG futures but rather NG producers, who would barely be profitable at $6. Going long an ETF like UNG allows a lot of upside before the NG producers even begin to become profitable.
That's how I'd currently play NG anyway.