Crbello4Hiceman

So is now the time to buy? I wonder what book value is vs share price. If they are turning it around or selling, might it be time to pick up some shares?

Haha- actually, that's a good point... I'll ask about 0 down.

Anyone have any general idea who has the best rates in NOLA/Metairie for a new car purchase? Anybody have good or bad experiences (hidden fees etc)?

Haha- dang it! I missed it. I didn't buy when I was asking Friday...

Down into the mid 1.70s... anybody think the hammering is more severe than deserved? Any reason to think we might get a little rebound in the next week or so that might pull UGAZ back to $2 or higher?

So what are the catalysts that will drive it between now and the next injection report? I still don't have any idea what makes the needle move here. I am currently on the sidelines and I definitely understand the decay factor, but am I correct in thinking we could see a swing up if future production expectations become too strong based on recent injections leading to price movement in favor of UGAZ?

I might be missing it- all I see is the results of last report; not info on what the expectations are for this week- where would we find that?

I finally dumped my 1136 shares of UGAZ I had accumulated since the fall at a dollar cost average of $8.07 for a whopping $2.31 a share. I am now going to only invest in T-bills until I die.

So you feeling like we will get the price of UGAZ on a run? At this point, I'd be happy to get out at 3.25 and take my medicine....

I'm hoping for a bullish run over the next couple of weeks due to the cold and then I might take my losses. Having 1146 shares at $8.05, if I can get up to $5 a share, I might roll- heck $6 a share would be a huge victory at this point.

I definitely botched it investing in this. First, I didn't understand decay at all when I bought. Luckily, I made $1k Thanksgiving week after holding a week in the mid teens. I bought back in when it pulled down to $11, then bought in more at $4.70. Originally, my plan was that natural gas has to get more expensive in the winter and I would ride it up, take some gains and bounce. I didn't think at all about the possibility that demand was already priced in and I had huge downside risk due to production being high and demand being below the level priced in. Good lesson for me- making a quick buck doesn't work out well in many cases. Once I eventually sell this position, never again trading triple leveraged commodities.