Natural Gas ETF Premium Reaches 20%: Time to Unload? [View article]
If natural gas is currently trading at record lows then why would the CTFC be concerned about more demand, i.e. UNG issuing more shares? ETN's buying more contracts is certainly not what has driven the price of natural gas down. If they are concerned it seems more likely they would be concerned about what might possilbly be driving prices down artificially, is the increased volume due to selling or buying? So is there any possibility of a short squeeze, hmmm. Don't know but I don\t think prices can go much lower so I am long GAZ.
-
If natural gas is currently trading at record lows then why would the CTFC be concerned about more demand, i.e. UNG issuing more shares? ETN's buying more contracts is certainly not what has driven the price of natural gas down. If they are concerned it seems more likely they would be concerned about what might possilbly be driving prices down artificially, is the increased volume due to selling or buying? So is there any possibility of a short squeeze, hmmm. Don't know but I don\t think prices can go much lower so I am long GAZ.
Sep 02 05:00 am
|Rating:
+2
0
All Comments by Moochacha »Natural Gas ETF Premium Reaches 20%: Time to Unload? [View article]