InvestorsHub Logo

Frank Pembleton

07/10/06 9:58 PM

#16353 RE: Frank Pembleton #16352

a NG levered stock...?

Cyries Energy-- bot some towards the close. I like it when the stocks lead the commodity.

fingers X'd


amarksp

07/10/06 10:38 PM

#16355 RE: Frank Pembleton #16352

I am actually hoping form sub $5.00 natgas for 2 months to clear the storage glut. 2 months of pain at sub $5.00 would be fine with me if it would clear the glut (i.e. all the power generators would switch from coal to natgas, and 2 months of added use would clear it).

Most of my natgas investments are via working interests. Have no problem getting only $4.60 for a few months in return for much higher prices after the glut is cleared, and fears of a cold winter sink in around Nov/Dec.