Thu, Dec 18, 2014, 5:51 AM EST - U.S. Markets open in 3 hrs 39 mins


% | $
Quotes you view appear here for quick access.

Morgan Stanley Message Board

collelungo2000 2 posts  |  Last Activity: Dec 12, 2014 11:19 AM Member since: Jan 16, 2007
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • collelungo2000 collelungo2000 Dec 12, 2014 11:19 AM Flag

    Totally disagree. HGT is down in sympathy with every energy related trust out there and some possibl tax loss selling. Natty gas inventory is still below 5 year avg for this time of year...and that is with 7 months of record production. Most E&P companies that were pumping gas out of ground in 2010-2012 switched to liquids/oil last several years to help offset losses in natty gas. Now that oil is in the tank these companies will be cutting production to preserve capital in general (after certain hedges expire, not unlike what NG went through 2 years ago) and NG is still not profitable for most producers until $4-$6. With all the new demand coming on in the next few years NG is subject to huge spikes in price due to shortages. The story is lining up for natty gas in high single digits/low double digits over next few years IMO. HGT doesn't have debt and the producer XOM is the highest credit rating there is in the space. I think this is a great play and can be accumulated on the weakness here. Just my 2 cents.

  • collelungo2000 by collelungo2000 Nov 4, 2014 2:03 PM Flag

    anyone think we can hit double digits this winter??

36.73+1.21(+3.41%)Dec 17 4:01 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.