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The NAV of GAZ is now only $1.99... due to cotango we can see it drop to just a few cents in a few years.
The best way to invest in nat gas and avoid the cotango is to buy a gas corporation. The cotango can create situations where nat gas rises and UNG/GAZ still lose.
my target for GAZ is ZERO
not kidding
GAZ cut in half in just 5 days
hope you got out in time
please read this
Due to the cotango UNG can go down in value even in situations where NG goes up. UNG is not a good way to invest in NG.
unfortunately you are right, most people dont understand what the vix is, the effect of the 2x funds over the long-term and how the cotango can make them lose even if the vix goes up
the GAZ PONZI continues to deflate
what you are saying is silly and dangerous, you are giving unfounded hope to people holding the bag
you were a broker? i have more than 10 years experience as a pro, brokers are the guys who cant trade and lie all the time to create volume
http://www.ipathetn.com/product/GAZ/
look for "indicative value"
here is a better way
http://finance.yahoo.com/q?s=%5EGAZ-IV&ql=1
Focus Turns to GAZ Premium After TVIX Crash
http://www.etftrends.com/2012/03/focus-turns-to-natural-gas-etn-premium-after-tvix-crash/
this ETN over time is going to zero due to the cotango
if you dont understand this then you should not be trading it
that is terrible advice due to the cotango you can lose another 50% while you wait for any significant rally
the right thing to do is to get out and never trade again something you really dont understand how it works
I WARNED EVERYONE HERE 3 DAYS AGO
you should have listened
TVIX Ponzi now over, GAZ is next
TVIX PONZI bites the dust
GAZ is next
GAZ = SCAM
if you dont understand why ask me
GAZ true value is $2.47
TVIX is not currently tracking what is supposed to...
it in a PONZI now and in the hand of manipulators
look at its NAV
both GAZ and TVIX are being manipulated, if you look at the biggest holders there are many coincidences there even though they are very distinct vehicles.
when the manipulators decide to remove the plug (or iPath or the SEC does it for them) both can colapse 50% in minutes
TVIX is now a PONZI
Look at the NAV
i dont think i can use the private response feature
if sometimes I am more agressive in my responses is only because I want people to notice they are doing some great mistake, maybe it does not look like it but my intention is only to help
are you long ?
what do you mean with this ?
In fact I have been in contact with iPath and they told me they are looking into this problem.
It seemns hat maybe you do not understand my points, if that is the case please feel free to ask me questions.
GAZ CRASHING NOW
why would anyone buy GAZ for $6 when its underlying assets are worth $2.5 at current natural gas market prices ? you are better off buying UNG or the futures contracts directly.
if today you buy oil at $150 you are overpaying, no matter what the future of the price of oil will be
Flem, you just dont understand the meaning of NAV
Lets say you are bullish oil... you think its going
to $200 and its now trading at $100...
Would you buy it at $150 ? Or at $100 ?
Because that is that you are doing... you are buying Natural Gas above market price.
flem, if you are long GAZ just get out and take your profits
I am here to help people so they dont lose money
go to the yahoo group for SEC questions
Flem, please explain to us what is an NAV and why should GAZ trade 150% above it... simple question.
Everyone long GAZ will lose 60% of their capital
It is a mathematical impossibility for me not to be right.
This is a Ponzi.
be careful with flemsnopes
he is either a fool or a scammer
do your research
Yes, about this issue in particular I am right, 100% certain.
Is a mathematical impossible not to be right. When GAZ colapses everyone will see it.
GAZ has a mathematically certain and defined NAV.
Stock do not have that. Do you see the difference ?
SEC is now investigating GAZ
Either you are dumb and ignorant or you are totally corrupt and promoting this PONZI.
I said to you to show me an analyst with a buy recommendation for GAZ and you showed me nothing yet.
GAZ is going up NOT BECAUSE OF NATURAL GAS PRICES BUT BECAUSE OF MANIPULATION.
UNG follows the prices of natural gas. GAZ does not, its a ponzi and IT WILL COLAPSE.
I am not saying you should buy UNG, all I am saying is that UNG AND GAZ ARE THE SAME THING AND ABSENT OF MANIPULATION SHOULD TRADE TOGETHER.
I suggest then that you go to wikipedia and check that a PONZI is
if there are analysts saying to buy GAZ then they are incompetent and don't know what they are doing.
Its even worse than saying to buy Madoff's ponzi because in this case it's easy to spot the ponzi.
UNG is basically the same as GAZ, there is no difference
look at this chart:
http://stockcharts.com/h-sc/ui?s=gaz%3Aung
both traded together until the scammers started to manipulate the price.