InvestorsHub Logo

zelareka

03/20/12 8:59 AM

#52 RE: flemsnopes #50

Flem, you just dont understand the meaning of NAV

Lets say you are bullish oil... you think its going
to $200 and its now trading at $100...

Would you buy it at $150 ? Or at $100 ?

Because that is that you are doing... you are buying Natural Gas above market price.