Why the Sudden Run Up in Natural Gas Prices? [View article]
Yes, stock man, there is good cause to believe that nat gas will move higher in the near term and in the more distant future. Industrial demand will increase as the economy improves, and demand for power generation will increase as plug-in cars come to market. Also, there is a strong push to reduce the use of coal-fired power plants, and natural gas is a viable alternative.
I'm adding to my positions in the MLPs (e.g., AHD, APL, XTEX, BBEP).
On Sep 15 08:33 AM stock man wrote:
> People are so CLUELESS on nat gas. It is WAY undervalued and will > at some point catch back up to the price of oil ratio. People trying > to short now deserve to lose their ass. UNG will see 20 by February > as winter may be much cooler than people think. Nat gas is the > best investment there is right now with an overvalued stock market. > The smart investors are going to continue to get in and the dumb > investors are short or selling. Nat gas should be at 6$ very soon. > It's as simple as that.
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Yes, stock man, there is good cause to believe that nat gas will move higher in the near term and in the more distant future. Industrial demand will increase as the economy improves, and demand for power generation will increase as plug-in cars come to market. Also, there is a strong push to reduce the use of coal-fired power plants, and natural gas is a viable alternative.
Sep 16 12:37 pm
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All Comments by joeevan »Why the Sudden Run Up in Natural Gas Prices? [View article]
I'm adding to my positions in the MLPs (e.g., AHD, APL, XTEX, BBEP).
On Sep 15 08:33 AM stock man wrote:
> People are so CLUELESS on nat gas. It is WAY undervalued and will
> at some point catch back up to the price of oil ratio. People trying
> to short now deserve to lose their ass. UNG will see 20 by February
> as winter may be much cooler than people think. Nat gas is the
> best investment there is right now with an overvalued stock market.
> The smart investors are going to continue to get in and the dumb
> investors are short or selling. Nat gas should be at 6$ very soon.
> It's as simple as that.