iPath DJ-UBS Natural Gas TR Sub-Idx (GAZ)

[flemsnopes]

I'm sure you're always right about everything you think and do. Thanks for your input.

[flemsnopes]

Sorry, I still don't buy it. You are obviously in full possession of the facts about GAZ and, while you can certainly make the argument it is overpriced, you present no evidence for fraud. Without a doubt, GAZ investors may be guilty of naivete, but if naivete is the sole determinate for Ponzi fraud, then virtually all stock market investments are Ponzi schemes as some point in the timeline.

[zelareka]

SEC is now investigating GAZ

[zelareka]

Either you are dumb and ignorant or you are totally corrupt and promoting this PONZI.

I said to you to show me an analyst with a buy recommendation for GAZ and you showed me nothing yet.

GAZ is going up NOT BECAUSE OF NATURAL GAS PRICES BUT BECAUSE OF MANIPULATION.

UNG follows the prices of natural gas. GAZ does not, its a ponzi and IT WILL COLAPSE.

I am not saying you should buy UNG, all I am saying is that UNG AND GAZ ARE THE SAME THING AND ABSENT OF MANIPULATION SHOULD TRADE TOGETHER.

[zelareka]

I suggest then that you go to wikipedia and check that a PONZI is

[flemsnopes]

It's your contention that the "scam" is easy to spot which, to me, argues against a pure Ponzi scheme. Of course, all Ponzi schemes do have one thing in common; that being, they seem "too good to be true" and, in the end, they turn out not to be true. GAZ, as currently trading, may, or may not, be too good to be true, but the fund doesn't seem to be trying to hide the discrepancy between the underlying asset value and the price of the fund shares. After all, you're in full possession of that disturbing reality, and while you may be right about the eventual outcome of such a disparity, the argument that it is a Ponzi scheme is diminished by the seemingly unrestricted access to the facts. Consequently, I'm not sure I can buy your argument that all the current enthusiasm is based on nothing more than investor gullibility, but I certainly acknowledge the accuracy of your GAZ statistics.

[flemsnopes]

Here is a bit of free sentiment on UNG - via the link below. Perhaps, you can weigh in on the apparent lack of enthusiasm compared to GAZ, and please don't jump to the conclusion that I am promoting GAZ. I'm honestly interested in the enthusiasm driving GAZ versus the lack of comparable sentiment for the more reasonably priced UNG. In this age of virtually unlimited access to the "facts" via the internet, one has to wonder why more investors haven't come around to your value based view of this "obviously" overpriced investment. What gives? Enquiring minds want to know!

http://www.thestreet.com/quote/UNG/details/analyst-ratings.html

[zelareka]

if there are analysts saying to buy GAZ then they are incompetent and don't know what they are doing.

Its even worse than saying to buy Madoff's ponzi because in this case it's easy to spot the ponzi.

[zelareka]

UNG is basically the same as GAZ, there is no difference

look at this chart:

http://stockcharts.com/h-sc/ui?s=gaz%3Aung

both traded together until the scammers started to manipulate the price.

[flemsnopes]

If you, or others, are interested in subscribing to a particular proprietary service, I will send (via private message) the link to the subscription page of one such analyst. Of course, this particular analyst could be wrong, and YOU could be right - I'm just asking questions here. A second proprietary opinion on GAZ is available to account holders at TD Ameritrade under the "Research and Ideas" tab for GAZ. (Additionally, two opinions on UNG are available under "Research and Ideas" for account holders at TD Ameritrade)

[zelareka]

SEC received several complaints about GAZ today

[zelareka]

flemsnopes is a fraudster

GAZ is a ponzi, be careful

[zelareka]

GAZ = MADOFF PONZI

Avoid it, you can lose 60% of you capital in a day is barclays decides do issue new shares.

[zelareka]

No analyst would do such recommendation.

Please tell us what analyst is that ? What is the link to the analysis.

I think you are helping a ponzi scheme willingly.

[flemsnopes]

I understand what you're saying, but most of the analysts I have personally consulted are advising against UNG, and, at least some of them, are recommending GAZ. I will admit UNG seems to make more sense at first look, but I suspect there must be something which is not so obvious to the casual or untrained observer. In any case, I will review what I have seen from certain analysts and post any interesting findings.

[zelareka]

Buying GAZ is like paying 1 dollar for 40 cents.

You are overpaying the market price. That limits the upside of your investment.

If you believe in the prospects of natural gas then buy UNG.

[flemsnopes]

Your concern is well taken and may be valid, but it doesn't seem to be shared by everyone, including several well respected analysts. It seems the potential, represented by the underlying assets, outweighs the sheer numbers here, and I personally think the current speculation concerning a bright future for natural gas will ultimately be proven correct. In any case we are obviously in for a wild ride over the coming weeks and months, as evidenced by today's two "circuit breaker" halts.

[zelareka]

GAZ = Ponzi = Fraud

here is the link to GAZ NAV

http://finance.yahoo.com/q?s=%5EGAZ-IV&ql=1

[zelareka]

GAZ is a fraud, its 140% above NAV

everyone long will lose their capital

[Captain Hindsight]

I am surprised this does not have more of a following. It has been such a monster. Big potential is Nat gas and this thing really moves.

[Sakhi]

Just got in before it started running.

[Captain Hindsight]

http://rss.cnn.com/~r/rss/money_latest/~3/KqJzddtYDgc/index.htm

Good stuff. Strange that nat gas can be down and this could be up so dramatically.

Any talking heads? : )

[Captain Hindsight]

We should see a nice little day here. GM just announced that they will be offering 5 different pick up tuck models that run off natural gas and compressed natural gas.

[Captain Hindsight]

Where are all the GAZ heads out there? This ETF is providing great trading opportunities, too bad I have not capitalized on one of them. Just long at $4.75. I just don't see Natural gas losing all that much more value.


Hello (Hello Hello Hello) is there anybody out there???


Just nod if you can hear me?

GAZ MAKING A MOVE PASSED $6 THIS GO AROUND!!!

[Captain Hindsight]

Nice bottom put in IMO chart needed to settle down. There is obviously a peaked interest and money flowing into this particular fund over some other similar products.


What a disaster UNG has been for longs. They just did another RS.

[Captain Hindsight]

Nice 2 days of consolidation. Great for the chart, should see a nice green session tomorrow. Good luck gassers have a great night.

[Captain Hindsight]

Wow and some say technical's don't mean jack. Look at the weekly candlestick chart. This thing went right up to the 50 MA exactly and pulled back.

Wish I would have flipped her but I will continue to add as long as the fundamentals stay in tact.

[pj McMulligan]

We are watching~ ;)

What do you think the next nat gas to blow bigglies will be?

[Captain Hindsight]

Fantastic move here with GAZ. I am surprised no one is watching this.

[Captain Hindsight]

Wow she crashed right through that 200 on the intra day. Hopefully we will see some sideways consolidation. What a monster move. The chart looks like a penny stock.


Is there anybody out there?

[Captain Hindsight]

I follow the volume and there seems to be a really high amount of quite interest here. This thing has gone straight up almost like a penny stock. The RSI is in the power zone. Now there are 2 gaps in the chart in the last 5 trading days.

Maybe there really was a bottom in Natural gas, I usually don't buy in to what Cramer has to say but he may have called this one.

[Captain Hindsight]

This thing is starting to catch fire!!!!


Big gap again

[flemsnopes]

To everything, there is a season.

T. Boone Pickens: Natural Gas a Game-Changer
http://www.cnbc.com/id/46403675

Iranian tensions, Europe weather raise price of oil
http://www.azcentral.com/arizonarepublic/business/articles/2012/02/16/20120216iranian-tensions-europe-weather-raise-price-oil.html

[pj McMulligan]

Look Out for Nat Gas ETN Premium
By Don Dion 02/07/12 - 06:00 AM EST Add Comment
Stock quotes in this article:GAZ, UNG, EGPT
inShare0NEW YORK (TheStreet) -- Natural gas prices have seen some glimmers of life during the opening weeks of 2012, leading investors and analysts to question whether the battered fuel's multi-year descent is at last coming to an end.
More on GAZ
Dion's Monday ETF Winners and LosersDion's Thursday ETF Winners and LosersETFs for Countries With Wiggle RoomMarket Activity
Mrkt Vctrs:Egypt Idx| EGPT DOWNUnited States Nat Gas| UNG UPiPath ETN DJ-UBS NT GS A| GAZ UPDespite this improving sentiment, I believe conservative minded investors should continue to steer clear.
As I explained at the end of January , the battered fuel source has become an increasingly popular destination as speculative traders attempt to call a bottom.
The government is doing little to restrain interest, either. In his State of the Union Address, President Obama laid out his "all-of-the-above" energy plan, in which he looked favorably upon our substantial shale gas reserves. He also noted that the hydraulic fracking industry has the capability to create hundreds of thousands jobs over the next decade.
From an investment perspective, this type of surging interest is not necessarily a good thing. On the contrary, we are currently witnessing one popular natural gas ETN get too big for its britches.
As droves of investors and traders have sought out ways to position themselves to benefit from a potential natural gas turnaround, the iPath Dow Jones UBS Natural Gas Subindex Total Return ETN(GAZ_) has become increasingly disconnected from its underlying index. According to Morningstar, the fund boasted a substantial premium that stood at nearly 15.5% last Friday.
Premiums occur when a fund is no longer able to create the shares needed to satisfy demand, ultimately capping the fund's growth. In essence, GAZ has begun to trade like a closed-end fund.
In the past, we have watched the managers of funds like GAZ and the United States Natural Gas Fund(UNG_) halt share creation in order to avoid bumping against limits set by regulators like the Commodities Futures Trading Commission.
In early 2011, for example, GAZ ran into the same trouble when natural gas fell into favor following the devastating Fukushima nuclear crisis. Investors piled into the fund, pushing its premium to nearly 18%.
Funds have also been interfered with for political and economic reasons as well. Last year, as Egyptian protestors took to the streets, the nation's markets were closed. In response, Van Eck announced that it was halting share creation in the Market Vectors Egypt ETF(EGPT_) until the markets were reopened. During this time, investors piled into EGPT resulting in the development of a massive premium.
Premiums can magnify a fund's action in either direction, making it difficult for investors to predict where it will head next. The impact could be seen recently when comparing the recent performance of GAZ to UNG. Both are designed to track the performance of natural gas futures contracts. On Friday, however, GAZ jumped over 2% while UNG, which currently boasts no premium, fell 1.5%.
More on GAZ
Dion's Monday ETF Winners and LosersDion's Thursday ETF Winners and LosersETFs for Countries With Wiggle RoomMarket Activity
Mrkt Vctrs:Egypt Idx| EGPT United States Nat Gas| UNG iPath ETN DJ-UBS NT GS A| GAZ In the event that GAZ's creation/redemption mechanism is eventually restored to normal, investors can expect GAZ to quickly realign with its underlying index. For investors left holding onto the ETN, such a move would likely prove gut-wrenching.
While interesting to watch, GAZ is not a fund I would encourage any long-term minded investor to try their luck with at this time.
Written by Don Dion in Williamstown, Mass.

[pj McMulligan]

Bullish SAR flip on weekly pincher chart .. you loading back into GAZ Soapy?

[Soapy Bubbles]

S - I keep getting a 6.90-6.95 target. Let me rework the P&F.

[Talc Moan]

Ok cool,

Thanks for the info Soapy,


Smitter SMTT

[Soapy Bubbles]

Smitter is a new mod -- welcome to this quiet little forum. Hopefully S has the knowledge about Nat Gas as to help people if/when they show up.

So... let's roll.

SB

[Soapy Bubbles]

Hey S,

Yeah, I played it when I first posted it on the way up. Let me look at a few charts and I will try to crank out a buying region. I like how nat gas has perked up as of late. Oh. some brokers don't trade this and you may have to check on your broker.

[Talc Moan]

GAZ Soapy, I am looking for an entry point around 6.77

Any Thoughts

Smitter SMTT

[Soapy Bubbles]

http://finviz.com/quote.ashx?t=gaz