User 402920

Why the Sudden Run Up in Natural Gas Prices?

keep in mind the price of oil may retreat to correct this ratio, as opposed to NG increasing...


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.

Natural Gas ETF Launches; A Natural Gas Primer

There is a difference between a mutual-fund and an open-end investment company. The ability to buy and sell shares makes it "open", but SEC is very clear that ETFs are not actively managed (except the few Active ETFs).


On Apr 19 09:30 AM Chamois16 wrote:

> How can UNG be considered an ETF, which by SEC definition is an open-end
> investment company regulated by The Investment Company Act 1940,
> when the prospectus says otherwise:
>
> ?USNG is not a mutual fund registered under the Investment Company
> Act of 1940 and is not subject to regulation under such Act."