November came & NG going through the roof do to super cold & snowy weather. Then the threat is mentioned weeks ahead of an arriving warm up in dec. & the price tanks..
Now, March as of date has been great, 30 degrees above normal here in central Wisconsin. 60 degrees for the rest of the week, we have no more snow here, and NG prices are rising with a for sure smaller draw coming in the next weeks ahead. End of heating season.. flipping rigged.
In contrast to Shah’s view, Needham & Co.’s Rajvindra Gill, who has a Strong Buy rating on the stock, and a $60 price target, wrote yesterday that after meeting with the company’s head of its mobile chips business, Mike Rayfield, he’s more confident than ever the company is going to increase its gross profit to “the mid 40% range” from the 30s now, “Due to increasing TLC NAND content, stable DRAM pricing, and a lift from the new Inotera agreement.”
Raymond James 36th Annual Institutional Investors Conference
Mar 4, 2015
9:50 AM ET
Wrong the report is a week behind. All this cold weather we have been seeing since last weekend to present will be on the next report. NG way over sold even before report. Selling is foolish.
I just bought more... US expanding at a rapid rate, no opec, NG producers can manage themselves..
BUt you know what, my gas bill has gone down some, but I would of expected a bigger slice out of my heating bill.
Last weeks sell off reversed, almost closed up green the same day. Next day pushed north. Same will happen again. It will reverse & head north. This was not that bearish at all. Give me a break, we were at $6 last year at this time, do the math, sub $3 NG is not right. But that said I do enjoy my heating bills this year compare to last year. Just keep accumulating just like oil, this will not stay this cheap for long.