Replies to post #5307 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[a21694]

I agree i can see it trading in the $3 range rather soon

[CyclicalTrader88]

Felt the same way but wanted to lock that $14.5k in. The Gap ups are what scare me. Two morning pre-market gaps in a row. At least i'll have $38k margin funds available tomorrow since AGNC has higher leverage(plus I could catch a .50-1.00 run up to ex-divy date, another $2,000-$4000 gain. Even 5% swings with 38k is $1900 per trade profit. Good couple of days though. GL all