Replies to post #19651 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[acrazjo]

Nah! Highly cyclical commodity and very volatile. I have been in this place before and came out fine. We will see at the very least 3.00 in NG before long as winter sinks in and demand picks up. This is one manipulated commodity though! This is currently at 25% undersold according to Celsius. They expect a minimum of 3.00 as the demand gets upwards of double digits. Hang in there, better times ahead. Buy more if you can.....

[Derek ops]

huge volume, such crooks market opened
and they just pulled the rug out again. I don't get it at all..

this makes no sense. And we are in middle of dec and shorts are piling into NG????

we are in serious trouble Herb.. I am ave at 7.39 and I may not even break even now.