Replies to post #654 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

Rocknj dgaz went to $4.80 in July when NG hit $3.7. Back in Oct of 2013 when NG was $3.70's DGAZ was over $17. 17 to $4 is a lot of decay/rot/contango/dilution. DGAZ came of the rail last winter and never recovered. If NG goes to $5-6 this winter DGAZ will be $1. DGAZ is headed for a rs.

[shreya]

Hi Rock_nj,

Thanks a lot for the detailed response to my PM.

Can u pl. send me a test mail at my email address?

Thanks.