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re: Best Stocks to Play the Natural Gas Market?
Posted on 1/18/20 at 1:08 pm to K E V 8 4
Posted on 1/18/20 at 1:08 pm to K E V 8 4
I just wanted him to understand that you can lose more than you put up or leverage. It's weird that repeating the same things you already know, makes you feel smarter. Let it go bro, you can feel better about yourself in different ways.
0
Posted on 1/18/20 at 1:20 pm to cwill
I think natural gas comes back in 2-3 years once a lot of the indebted drillers die. Call me crazy compared to Wall Street (who still hasn’t sufficiently withdrawn capital) but they have to be forced out of the market if they can’t make money. Maybe 20 % of the shale oil and gas drillers will be alive to reap the rewards and I wouldn’t put a penny in a single one until the market turns. May just be mainly majors left with any scale at that point anyways. The Permian will finally plateau once the uneconomic drilling ceases and the market can re balance.
Posted on 1/20/20 at 2:25 pm to TigerDog83
Yep, the market is reeling from this warm weather. I got out. The cold front didn’t materialize.
Also agree, some producers who need to service debt will go under if they can’t service their debt.
But at some point it’s gotta turn around.
Also agree, some producers who need to service debt will go under if they can’t service their debt.
But at some point it’s gotta turn around.
Posted on 1/20/20 at 4:05 pm to hubertcumberdale
LINK
Down to $1.94....oof
Nat Gas has to be worst sector in the economy right now. Right next to shopping malls and department stores.
Down to $1.94....oof
Nat Gas has to be worst sector in the economy right now. Right next to shopping malls and department stores.
This post was edited on 1/20/20 at 4:07 pm
Posted on 1/25/20 at 11:00 pm to Samso
Bump hoping Bob Sacamano sees this...
I noticed you are a Gas Trader. I'll be interviewing with some Traders soon for a position as a Scheduler. In your opinion, what makes a good Scheduler?
I noticed you are a Gas Trader. I'll be interviewing with some Traders soon for a position as a Scheduler. In your opinion, what makes a good Scheduler?
Posted on 1/26/20 at 6:56 pm to Samso
quote:
Nat Gas has to be worst sector in the economy right now. Right next to shopping malls and department stores.
Except for the fact that the American consumer is benefiting from low energy costs...while investors are left holding a bag o shite and industry folks are losing their jobs!
This post was edited on 1/26/20 at 7:00 pm
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