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Ultra Petroleum Corp. Message Board

  • justjess101 justjess101 Aug 4, 2013 10:39 AM Flag

    forget the shorts, concentrate on BUYERS !

    a few shorts covering is nothing, imo. we found 10M shares of buying, and that is a good thing. removing the hedge is UPL management saying "we believe that a good sized price change is coming". now, the naysayers will be quick to point out that nat gas has been declining. the "investors" will realize LNG export possibility, Ford motor moving to nat gas trucks, flat nat gas drilling, mexico nat gas needs, management's belief that production will be declining by dec-jan, especially in the west, and the positioning of UPL close to mexico and western USA needs. once over $25, price is a 9 iron to $45-50.

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25.455+0.055(+0.22%)2:38 PMEDT

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