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Ultra Petroleum Corp. Message Board

  • justjess101 justjess101 Jul 11, 2013 7:00 AM Flag

    dont be stupid....

    bernanke said yesterday that he is gonna keep printing. the markets are strong cuz the smart guys understand that assets priced in US dollars MUST go higher. so, own companies that have assets which can be converted to cash at higher and higher prices, over time. UPL clearly qualifies. while UPL may not rocket higher right away, you dont need to worry about a major league collapse either. once the cat is out of the bag, the institutions will pile into UPL and drive the price toward $50. further, we are very close to a bottom in nat gas prices. if we get a pullback today due to the stupidity of the weekly nat gas report being "too high", but UGAZ near $3.50, which is the spot at which nat gas becomes very competitive with coal in the USA.

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