Replies to post #13740 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[fitzwell11]

Read my reply to your other post. I paint it clearly

[Myself °¿°]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119369912

% up or down is calculated from the previous day's closing price.
/ng futures close @2:30 and then continue trading in futures extended hrs.
ugaz and dgaz close @4:00 and they continue trading in extended hrs.
Portfolios and trading platforms calculate + and - % from the close price of each one based on the time they each close.
Natgas futures close before ugaz/dgaz closes (different times)
If you could force your trading platform to calculate natgas's close price @4:00 ugaz/dgaz would run 3% up or down for every 1% natgas makes the next day.

/ng futures doesnt trade flat after hrs until ugaz/dgaz closes

ugaz/dgaz does trade 3% for every 1% natgas makes.
Check them with a calculator mid-day:)

[dude iligence]

not at all UGAZ is a POS and should be handled accordingly, but that doesn't mean not to buy own and trade it. Velocity Casino has been taking a big skim lately. UGAZ is the line stockcharts $natgas tracking Mar contract just like UGAZ

[05gtoman]

Was thinking the same thing. By my math we should b up at least .30 right now if not .32,.33