sold today @ 14.30 (after bought after hrs on Tues July 22 @ 13.89), but I intend to start a new position soon, especially if UGAZ gets hammered yet after Thursday inventory report. I day trade these in-out often, but I still maintain my core emphasis on UGAZ for swing trade later on.
sold 14.30 (after bought after hrs Tues @ 13.89), but I intend to start a new position soon, especially ig UGAZ gets hammered yet after Thursday inventory report.
Good post. I also started being long today thru UGAZ near 13.89.
I'll add if UGAZ hits 10-11. I see 4+(back above 9 day avg at least) for rebound of nat gas by August & thus UGAZ to 16-20 for short term upside target.
Further out, I see 30-40 UGAZ over Winter.
I think Nat Gas near capitulation. Huge drop in only a few weeks. Could see 3.45-3.55 for retracement yet for possibility (meaning UGAZ has small chance to 10-11), but probably seeing its low this week however closer to 3.70's with UGAZ near 13. But be prepared to scale-in both areas if necessary 13 now, & add again near 10-11 if necessary.
Could see 16-20 by August for UGAZ... and further out I anticipate 30-40 again over winter.
Had a tremendous run, but now time to start looking @ UGAZ. Look for support for nat gas near current pps (while being mindful of possibly 3.45-3.55 lowest for nat gas going into Fall likely).
DGAZ up nearly 100% since there were those of us who liked it at 2.50's in June. But that is a huge move in only a few weeks.
If you read my post CORRECTLY, I said in 2013 when it was .40's I said here to buy back then at MSTX msg board to buy MSTX, and then it paid off in 1.00+ range the following January.
As of recently:
I've been saying since April 2014 again to buy MSTX, but instead @ under .60. It probably will pay off toward 1.00's again... and my track record on trading, and especially MSTX is exemplary.
What ever you think matters not.
They're all ripping on you bud, but I agree. Buying MSTX under .60 has been good strategy since Spring 2014 & I bet it hits toward 1.00 again in next few months or sooner.
I also traded the last spike around January toward 1.00, and prior told people here to buy .40's since summer 2013 before that.
Now I'm a liker of MSTX since Sprung under .60.
After 1 year a $1,000 would be worth maybe .000001.
After 1 Year $1 million would be worth maybe $100-1,000!!!!!!!!!!
So many rev splits & the value downward with that in just approx 1 year, a holder of the stock would be down almost 100%.... this stock tests the human limits of the decimalization loss.
When a stock loses over 90% every 2 months & does a reverse split almost every 2 months, you get -99.99999999999% in a year alone!!!! I don't even know if I used enough 9's.
And it is legal!!
Been patient on this one, waiting for new entry speculation. Keep in mind we could still see GDXJ & gold push to new levels toward late July approx. Usually these short term cycles last approx 2 months from lows to peaks. GDXJ likely would peak between now and early August since ti bottomed end of May.
We should get out 15+ in a few weeks easily on JDST. Low range a little possible yet to 6-7 on JDST before then.