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Yea I got out in the green been holding and buying for 7 or 8 years and rode the 1:4 RS. Just glad to be out. This product has heavy contango. Goodluck
$UNG now over $30, a new multi-year high
$UNG is just one fund from USCF.
https://www.uscfinvestments.com/ung
USCF is one of several subsidiary companies of $MGLD
https://themarygoldcompanies.com/subsidiary-companies/
.
Yea got lucky. Kept renewing a GTC for past couple years for $30. Tough hold. I like natty gas and think it goes higher
You got out at a good time. Down almost 9% as I post this.
I bot today at what I hope is a good point. Been flipping this thing repeatedly.
Thanks
Ya was buying in 2013 and kept buying for years:)
Even held thru a 1:4 split and kept buying lol
8 years? I didn't know this thing had even been around that long! Anyway, congrats on the profit. That’s why we’re here.
OMG I got out lol
8 years of buying and a split lol
With profit
Thanks to the natty gas Gods:)
Yes good read
“US natural gas market from “structural surplus”, a condition that has now existed for well over 15 years, to “structural deficit”. Almost immediately”
Best statement for natty
Nice find man
The Global Natural Gas Crisis is coming to North America
04/ 21/ 2022
http://blog.gorozen.com/blog/the-global-natural-gas-crisis-is-coming-to-north-america
Ha, nothing goes straight up forever. Just a little RE-set. I flip this stuff constantly. Playing BNO and UGA today.
Who farted?
Hardly, I’m just 4 God :)
But your God lol
Please tell me Lord haha
That question is beyond my pay grade. Possibly 2023?
Yup - UNG is killing it.
Going to get expensive running that AC unit this summer
That’s some bullshit right there
Could go over $30
Pretty good volume too
Greatest economic recovery ever
It goes up with the usd I guess
I know right! Haha
What in the hell lol
Possibly end of month but I don’t know. If you watched UNG and compared it to TVIX throughout the years, you notice some striking similarities. Theoretically I think UNG could spike just like a volatility product. Chart a 10 year chart of UNG and chart a 10 year chart of SPY.
Is we trading doge coin or natty?
I am holding BOIL for the same reason/hope.
When does the futures contracts contango need to unwind?
Contango is going to backfire soon. UNG could go way up, no joke
It is becoming more probable that we are about to see one of the most epic NG runs of all time
UNG and UGA have both been winners this year.
Could be time for CONTAGO to work in Our favour .
Nowt Is Guaranteed though .
Best of
Inflationary spiral
Could double from here
Man, I completely missed this nice run over the last 90 days - have had my pennies tied up in other stocks - hope I can get a good entry this fall -
It got down to 8.22 last Dec, but really anything below 9 would be pretty cheap, imo
It may be worth going long near the end of the week or first of next week. Maybe buying some between 8.79 and 8.50?
Yes, I made a small profit off of a few shares. So, over all I have made some decent money the last few months. I have been distracted the last few days, and I have not had the time, but I will give it some study.
You make anything on that little run over the last couple weeks? She comes down fast!
Watching. Might take a small position at 9.00, but I’m not sure I wanna own this thing in the spring.
May be a time to buy UNG again this morning.
I played UNG & UGA last year and did well with both. UGA has been on a run since the election. I’ll be watching. GT’s
Good for you. I think that there will be another opportunity for you to enter again (I am just not sure when) for a good move up. It is not reacting the way I thought, but I will continue to watch it to try to enter at some point.
Took my very small profit this morning -
You may be ok. We will see. It may not go below 10. If selling exhaustion occurs the end of the week as I expect, we should see higher prices for the next week or so.
Hoping I didn’t jump the gun. Thinking Friday was the bounce point.
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