Sun, Apr 20, 2014, 7:30 AM EDT - U.S. Markets closed

Recent

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

United States Natural Gas Message Board

  • rjleco rjleco Mar 5, 2010 6:28 PM Flag

    PROSPCTUS SAY ITS NORMAL TO LOSE MONEY..

     

    You azzwipe daytraders who are trying to tell investors that ung does what it was intended are either short or just happy they bought at the lows. i sure didnt buy ung knowing it was intended to lose money every single week... Did you? Most investors who are long bought this thinking they invested in a fairly safe nat gas etf which we know it isnt.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • thats because the advertisemnt says it is supposed to track nat gas less expenses. most expenses for these types of etfs are less than half of 1% or 0.001 or less than a half a cent on the dollar, and that is very large expense. UNG's divergence from nat gas puts their fees and expenses at above 40%, thats 40cents on the dollar, and nobody would ever buy this POS if they had to write that in bigger letters than the bait. "UNG:ETF that attempts to track the performance of the commodity of nat gas, LESS 40% FEES AND EXPENSES. So it is a classic case of the fund managment knows peopel arent going to read the 200 page prospectus far enough to find out it is a legalized rip-off. Guys, this is pure and simple a glimpse of the future of the stock market. the banksters greed is insataiable and they have the full backing of the govt agencys that are suppose to protect us. I am out of this market. it will be this way for a long time as they are sucking the life out of america as our elected idiots waste time money and resources on fricken health care. Good luck.

    • To be fair, NG has never been a "fairly safe" investment. Since long before this ETF existed, NG has always been one of the most volatile commodities.

    • UNG is for day trading only.

      • 1 Reply to fountain123_45
      • Short-term trading as opposed to just day trading. I think of it as a couple weeks to get in on the drop and a couple weeks to let it get its two to three point bounce - so maybe a month. Contango might eat up a little over a month but typically not much. USO seems to act a lot better I guess because they have OPEC and oil's carry costs are less. Same futures formula and etf management, but better results.

    • Thanks for all your posts.....

      They are so positive and upbeat....

      Good luck.....and by all means....

      Keep us posted on just how you feel about UNG....

      If at all possible throw in a couple statements you can actually support with facts....

      Na.....That would be way to much to ask...

      Life is Good

 
UNG
26.30+1.07(+4.24%)Apr 17 4:00 PMEDT

Trending Tickers

i
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.
AsiaInfo-Linkage, Inc.
NasdaqGSWed, Jan 15, 2014 4:00 PM EST