Cramer is an arm waving idiot. He's convinced cnbc management that all must wave their hands wildly to be effective carnival hawkers. What clowns.
Right and that's why they have had continuous setbacks, the stock tanking and no revenue since being founded in 2007.
They struggle to make skin tissue. They are no where near making organs. Apparently no one has offered to buy them in the past so it will be interesting to see what this brings.
I agree that certainly is the other side of the coin. The glut has dropped oil from 107 to 59 and ung from 5 to 3.6. I"m just wondering if this is all the drop in NG we're going to see with the way oil continues to act.
Point is the industry is overbuilding the LNG capacity like mad and some projects are already on hold. That doesn't bode will for NG prices in the future. Look at the energy stocks that have collapsed. Can NG be far behind.
Harry Dent says......"Like all bubbles, there’s a point where they tend to accelerate for about 5 years before they burst. That’s where we are in the fracking bubble today." Dent says oil is headed to $32 within the next two years. How will that effect NG prices?
Maybe this is about as low as NG will go due to cold weather around the corner. I got burned on UGAZ buying when it dropped to $10 thinking that was the bottom. It fooled me. Now I'm wondering if NG has anymore downside in it.
Yes, I watch NUGT. It's off it's lows. Will gold rise and lift the miners higher. Doesn't seem like they can go any lower unless the general stk mkt tanks again.
Wishing all a happy ending. After the Ebola panic died this lost it's demand it appears. Who knows what will rekindle any type of demand.
I went all in at $10 and was too early and missed the mid $8's. If this gets back to $10 would you sell and wait for another dip below $10 possibly to get more shares? Respect your opinion.