I havent seen that many buys come in and a stock not rise in a very long time.
post #941 of 1358
8/16/10 at 8:04pm
My thoughts are that I'm very glad I didn't put money on this the other day when it seemed to have made a bottom and I considered it.
Natural gas is very undervalued in comparison to oil when it comes to how much energy you get per dollar so it's tempting to invest in it. But this doesn't matter very much since you can't burn gas in an oil burning device. Switching from oil to gas on a large scale takes a lot of money and time. In the meantime there's more natural gas sitting in storage than the current users need so the prices are staying low.
So I just bought 1000$ in GAZ a few weeks ago and have lost nearly 100$. Does anyone think this will keep going down or will it pick back up and make some gains. If I sell it now thats going to be some christmas gifts that are not bought but if it keeps going down its going to eat my lunch. I guess I can get the 100$ back when I transfer to options house here in a week but I dont know if I should transfer my positons in GAZ or just cash out the account and do a new cash transfer.
Also does anyone have any feed back on options house, do they have good execution on buys and sells.