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Penn West Petroleum Ltd. Message Board

harrytcpw 2 posts  |  Last Activity: Dec 23, 2014 2:46 PM Member since: Dec 22, 2014
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  • harrytcpw harrytcpw Dec 23, 2014 2:46 PM Flag

    dmorgan,,,,I missed this last trading move on CHK, nat gas was down big so i thought i could catch it below 18 an then the news hit AFTER MARKET, oh well, will not chase,,,,,, i added more to UNG after open now that i missed CHK,,,,, it sure looks like their is a bottom trade on UNG under 16.25 an lower, no promises,, their is a big disconnect with the price of nat gas here than overseas,, at some point the price of our nat gas prices will go much higher an overseas lower,, might take more noise of nat gas exports before end of next year an then back over 6 an new bull for nat gas,,, 3 dollar nat gas is now at the same point as oversold bounce in oil an now its Nat gas turn to bounce off around 3.15,, looking at playing a little more if under 16 1 ,more time but this is extremely manipulated an its being covered yesturday an today from the big boys now for rally higher,, thats the way it looks in my own opinion,,,,, good luck on CHK,, price of nat gas held me back by 1 day to get back in,,,,, chk has a way off coming back to me at some point,, merry christmas to my friends

  • harrytcpw harrytcpw Dec 22, 2014 1:51 PM Flag

    just started scaling in long on ung at 16.26 an will do more lower,, from 6 plus down to 3.11 is about the same 40 to 50 percent drop bottom correction as oil,, good luck,, no position in CHK, waiting for it to come back to me under 18 maybe,,, been dabbling with ECA an will see what pre-market brings tommorrow,,, nat gas has BEEN MANIPULATED exactly like oil,, big players like GS are covering for pop like oil in MY OPINION,, i am actually excited for nat gas longrun,, big disconnect with NAT GAS PRICE overseas an our price,, when we start exporting,, our gas will start to move over 7 end of next year an theirs lower,, ITS JUST TO CHEAP under 3.30.. back to back declines from friday an today an if lower pre-market,, look for very nice reverse higher off the LOW,, MY OWN OPINION, things change

PWE
2.25+0.050(+2.27%)Dec 24 1:01 PMEST

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