i have bought several ng stocks lately to. some speculative. i know that their is a glut of ng in storage but it only takes 10 days of winter to drain 400 to 500 billion cubicfeet of ng. a bad winter or even a normal winter will push ng prices. it also is predicted that this will be a rough winter. xtxi,dptr,eroc and apl.
The below comment is yours from Aug. 31st.... Can you explain the extreme bullishness all of a sudden?
"I truly think that the long term is tarnished by the sale of assets and I put the value of this stock in the mid to upper 2's. I have been watching this company and stock for nearly a year now. I would sell now if you are a long and buy again when this hits 3.23 or even 2.79 if you are a risk taker."
I'd be happy to explain: I am preparing to buy XTXI, but it takes Fidelity 3 days to clear my 401k funds after I sell holdings in mutual funds that I hold. By the looks of things XTXI could very well be at my primary target of 3.23 when I have full access to my all of my monies on Friday. I have great faith in this company and I have started to buy incrementally with the sale of stocks that I own in my 401k, because I have access to those monies immediately, but will not go all in until I see number below 3.23. FYI - If you sell a stock in a Fidelity managed account, and buy a stock, you must hold it for 3 days or risk a good faith violation, less you hold equivalent funds in cash reserves.
I am waiting below 3 before I try for another profit-strong MLP`s falling,nat gas falling,mild summer temp.,this one selling off it`s buisness-if larger mlp`s fall a little more my money`s going there before here.