Replies to post #477 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[The cook]

Maybe if it R/S's... Even if this thing tracked the spot price exactly and gas went down to 3.25...which is unlikely we will see gas get that low again. That would be a 25% move in gas. Which would be about a 75% move in D. Between $6-7 bucks. This looses value over time, thats why its a terrible long hold. Just look a long chart, it says it all.