LOL, do you mean recent?I would not touch any sort of gas play. The reason prices are so low is that shale gas is coming onstream in massive quantities. It will have to be a brutal winter in order to make even a dent in what is available right now and any upsurge in prices will only incent producers to bring more onstream.
LOL, tax sheltered or no?I do know that I put some funds in Cameco earlier this year because nuclear energy is going to be a big factor in Asia. Up about 20%+ so far.
Wish I knew. But I think this is the "winter high". If so we could see a 2 handle on prices again. If that happens you don't want to have leveraged long ETF exposure. Believe me, I know. Your $5.80 could be $.80 pretty fast.Natural Gas has been all time low for a while. Being the winter time and Natural gas price at $4.00-$4.13 range (Dec 22/10), I think it is a buying opportunity. I bought HNU at $5.80 today.
you can buy them through interactive brokers. I have made money on HNU once as well, but if you watch it over time you will realize you were lucky... for any length of time it is really terrible. Just to illustrate, when I sold this stock less then one year ago it's pre split value would have been 16.05....... so if I had held since then.....Thanks for the advice guys! I sold HNU today at $6.25 today. I had 2000 shares so made $900 for one week. not bad! Nottyboi, How do you actually buy actual future? Thx.
You are absolutely right! I just read this article about ETF. I consider myself lucky this time.Wish I knew. But I think this is the "winter high". If so we could see a 2 handle on prices again. If that happens you don't want to have leveraged long ETF exposure. Believe me, I know. Your $5.80 could be $.80 pretty fast.
even worse....just do the futures. When they rise they soar...but more often the PLUNGE!!!What about GAS.TO?
Very nice! Although ECA was unexpected. Congrats if you went in on that.
Unfortunately I have no investment in TSX....the one eye monster loves punani.Very nice! Although ECA was unexpected. Congrats if you went in on that.
Futures are defiantly not for everyone.even worse....just do the futures. When they rise they soar...but more often the PLUNGE!!!