I've made a few hundred dollars trading this turkey. I have 100 shares left. I paid $15 for them. Even if Ect only distributes $10 in its remaining life my total loss will not be more than a couple of hundred. Is this supposed to scare me?? I see no reason why a small investment in this trust can't be held in case natural gas prices skyrocket in the near future.
I believe they can distribute $14 to $15 over the remaining life of the fund. That makes it a decent investment at the current price.
I expect a rally as we get closer to distribution. I'm willing to hold 100 shares. It's not going to make or break me. Right now I would rate this investment a little better than a CD.
Feeling pretty good are you?? I'm not sure what your point is exactly concerning me. I sold most of my investment in this turkey. I have rated it a hold. Given the latest distribution I'm holding my last 100 shares. At the current price it's a decent investment.
DON"T READ MY POSTS if you don't like them. How much of an idiot do you have to be to read posts that you don't like??