InvestorsHub Logo

RonnieD

08/11/09 6:32 PM

#51 RE: JTLA #50

i picked up some of this today. I didn't realize it's a spinoff from Constellation Energy. i like PETD also. It's getting whacked bad after hours to 12.50. It was 18 just 2 days ago. They have a secondary of only 3.7 million shares and the stock got dragged to 13.5 ( the co only has 14.9 mil shs total, going to 18.6 mil ) .. check it out if you want. Mostly nat gas. JPM is pricing those shares next Tuesday.
Also like EROC as a survivor like CEP will be. More speculative would be GSX. They have debt issues so are very undervalued according to their reserves. These plays could be up over 100% come winter time no problem. Maybe 50% in a couple months. Imagine if CEP and EROC bring back their dividend payments. Heard that could happen here in less than 6 months time.
By the way I've heard something about the UNG etf no longer being able to manipulate futures in NG come October. If that's true NG could see a 40% pop with any hurricane and double + on a cold winter. Heck why not throw in inflation.