Sat, Dec 27, 2014, 10:32 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

United States Natural Gas ETF Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • montyya montyya Sep 4, 2009 10:19 AM Flag

    Why NG up3%-UNG up 1%

    The question is why is UNG up at all. Ther is still 12% premium and ~2.000 contango loss to work off. So it needs to drop another 3.00. Fundamentals still way out of whack. I guess the new shares have to actually hit and the rollover has to actually take place for that to happen. I don't see why the market does not discount those certainties immediately, though.

    So, you should see that UNG should track NG, after a NG rises 45%. Until then UNG should actuall be much lower.

15.48-0.13(-0.83%)Dec 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST
Prothena Corporation plc
NASDAQFri, Dec 26, 2014 4:00 PM EST