Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

Schneidku40 No Natgas was not $3.8 when UGAZ was $12, it was $3.37. I know because I bought UGAZ that day, $11.92 was the low. Go back and read my posts and look at the charts below. By late Jan NG was $5.4 not $4.6. The discussion was about dgaz which derailed last winter and hasn't recovered since. If you bought DGAZ last Jan you lost money and were required to average way down in Feb and not even come out level until June or July. I know a guy that did exactly that. He ended up with about 40k shares of DGAZ which he finally sold this summer for a profit after bagholding a loss. Luckily he had deep pockets and was able to do that.

http://stockcharts.com/h-sc/ui?s=$NATGAS&p=D&yr=1&mn=1&dy=0&id=p94549557265

http://stockcharts.com/h-sc/ui?s=UGAZ&p=D&yr=1&mn=1&dy=0&id=p53870998293

http://stockcharts.com/h-sc/ui?s=DGAZ&p=D&yr=1&mn=1&dy=0&id=p89562555050

Last Nov and Jan when Natgas was $3.8 like it is now DGAZ was $10.40 now DGAZ is $4.46. DGAZ has turned into a diluted POS that can't get out of bed. I expect it to rs this winter.