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United States Natural Gas Message Board

  • davesmith49 Jan 18, 2013 2:28 PM Flag

    Nice to see $20 again.

    Wonder how many will call the top, again? LOL We must have had 30 tops from 18 to 20.

    Sentiment: Buy

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    • I wonder that myself... I have said a top of 23.00 maybe in order. Feb 13 will
      be the weather indicator. The bears have been the power at this time although
      the price has risen. Demand will dominate later as producers have been chokeing
      off supply to force prices up. I continue to feel that producers have to get prices
      up to $4.00 in order to appease shareholders. This whole market is an
      equilibrium issue so as to keep prices up, but not too high. Thats my reasoning
      for a $4.00 tops. Opinions Welcome.

      PS. There are recent articles of companies diversifying in order to remove NAT
      GAS as the main revenue resource. Its killing there bottom line.

      Sentiment: Hold

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