A friend advised that now would be a good time to invest in this stock which was$3.30 today. At this price i could purchase 2000 shares for the benefit of my grandchildren. On investigation I found that the stock was in the $80+ range in 2008/9 and went downhill to its present price. I find that the latest post was October 4th which indicatesa lack of interest. Could anyone with knowledge of the company explain in simple terms what has happened to the company and what are their thoughts about its future. Thank you in advance
pick an energy fund like vde before you invest all of your money in one commodities' futures. by referring to this as a stock, it is clear that you don't understand exactly what this is. by the way, i do think this is headed higher however in the short term
The current net asset value quoted on 11/16/2012 is: $2.93.
GAZ index is composed of the Henry Hub Natural Gas futures contract traded on the New York Mercantile Exchange(extracted from indexuniverse.com).
If you would like to invest on Natural Gas, you should invest in UNG, which tracks the price of natural gas.
FYI: As of today, I own a small amount of GAZ shares, purely speculative play(weather change may make this stock go higher).