I think many will be worried about better than expected earnings and opec making a move so no matter how bad the day starts it will go higher. They sell most of their Gas this time of year so you know these months are when they hedge the most on Gas. I know if I were short I would cover here and hold my short if it goes above 5.00. I also have a feeling they won't hold oil shorts over the weekend so today and tomorrow will be similiar.
Anyone have a clue?
I see that but why the mention of 13D... 13D is required if a take over is being planned..
and put Hundreds of thousands back to work with high paying jobs. Land owners would rejoice and off the charts the stock market would rise as Manufacturing in the US becomes the place to set up shop..
Even If USA were Taxed the Nat gas market would Take off.. It's all about BTU's
Read the last CC ...We have meaningful hedges on Oil and Gas for 2016..When the opportunity to do so happened. It was something on those lines.. Most likely happened late spring when Gas and oil were a lot higher than they are now.. Especially Oil.
Read it and weep short interest...
You still don't get it..
My guess would be they got gas @ 2.90 or better and oil mid 60's
They still got Hedges... what's up your trump hole..