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Enerplus Corporation Message Board

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  • bglesne bglesne Oct 13, 2005 1:59 PM Flag

    This is insane

    Shaking out the ones protecting their profits. That's what these swings are designed to do. Guess they were designed well...

    ERF is a winter story. Say whatever you wish about natural gas already being priced in and this heading lower. Its simply not true. Oil prices were flat from the beginning of april to august yet oil stocks shot up as nobody anticipated the strength would last in oil. This is the same situation. The winter will produce high nat gas from oct-march and ERF will go higher as it (nat gas) stays flat.

    But anyways, hope your profits were good, but sad to lose you in such an aimless swing.

    bglesne

 
ERF
4.91-0.40(-7.53%)May 3 4:02 PMEDT