I’ll be the first to admit: I chase price action to the upside, and to the downside. However, I consider it to be an attribute, not a flaw. I don’t try to buck the trend, at all times, just occasionally. Generally, I take the fatty middle out of the market and eat it all up. With regards to natural gas: you’d have to be a sprinkling idiot to short it here. I mean, if I saw any of you fucktards shorting natty here, I’d run up to you and punch you in the face with a lemon merengue pie.
Instead of messing with broken ETF’s, like [[UNG]] , try your hand at some cheap natural gas stocks—for a trade.
My favorite natty stocks are Flotek Industries, Inc. [[FTK]] , GMX Resources Inc. [[GMXR]] , Arena Resources, Inc. [[ARD]] and for the fuck of it NGAS Resources, Inc. [[NGAS]] . There are many other stocks worth perusing, like Southwestern Energy Company [[SWN]] , Range Resources Corp. [[RRC]] and Canadian Natural Resource Ltd (USA) [[CNQ]] . Howsoever, I like the aggressive degenerate names, all thanks and praise to my genetic defects for that characteristic trait.
I hate to pound the drums of war, despite truly loving to do so, in egregious fashion. But, I must say, Flotek Industries, Inc. [[FTK]] looks poised to steamroll the embedded shorts, without mercy—sans warning.
In short, the commodity trades are in vogue: why not fuck around with the only commodity that is still cheap?
Indeud.
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NGAS – Maybe it’s time to bank some coin on that old girl again.
fig
I guess FTK is your favorite, you oun most of it
I own it all.
It’s treu (sic).
Come Wednesday, the new name will be officially unfurled:
“FLYTEK”
_______
lol jake
I love it.. you ll do well momentum in Nat gas seems to be positive, FTK will follow
FTK = Fly The King
I am long UNG but TIM is short ……..
That’s funny. TIM is short. What a loser.
TIM put up a chart of HBI today with what most everyone would call a picture perfect bull flag and called it a short. It’s even got the declining volume on the down channel to go with it.
Not that it can’t turn out to be a short, of course it can but play the odds sheesh.
Perfecty all right my good man.
It’s only important that Tim — in Stuart Smalley fashion — thinks of himself as a “good person” and not someone who says “Fuck” every other word.
Pay no attention to those lemmings diving onto the icy rocks below.
___________
Again with the motherfucking Flotek! LOL
I love the Nat Gas trade, been playing coal through ACI instead of Nat Gas directly.
Thanks for the other ideas, good stuff.
FTK is a potential good natural gas play here only in the tide-that-lifts-all-boats sense. Drilling and exploration for gas are not about to come back to life. All you have to count on for FTK here is panic covering, and I don’t think we’ve got the triggers for that in place.
short squeeze. That’s all.
P.S. HNU.TO is a better ETF than UNG… none of that silly commodities market regulation stuff up here in Canada (our securities regulation agencies are in shambles, you see).
HNU.TO is great unless you own it @ 5+++
Dig the short position in KWK
Jim Cramer, that asshat of the decade, called SLM as a BUY BUY BUY not too long ago…..you guys saw it, today downgraded to one notch above the worst rating you get…..(Bloomberg 10 minutes ago)
well, rumors out that GE is looking to sell CNBC anyhow, on Bloomberg today in fact…..
we can only hope the rumor is true and the new buyer will fire all these asshats and make it into a financial show actually worth watching.
Let’s hope they sell twitchy leg and Olbersturbanfuhrer-mann’s POS as well.
I’m sure Arianna will buy it, or Soros.
__________
Olbersturbanfuhrer-mann’s POS………classic.
Hey, it was Maria Fart-A-Roma’s birthday on Friday (a real 9/11).
Show some respect.
XOMA -solid volume
MRNA
(Flys) TSTR…might be ready here
I am shorting methane gas.
Moooo.
Fly!
DRYS.
Superb!
For the love of bearded monkeys…FTK is up to day???
Today must be a lucky day…off to the nearest lottery stand.
Greetings Fly,
You still got ACAS? looks like they released some news and a short squeeze might be on …
-Polar bear
I’m in both ARD and SWN and looking for some bootylicious upside.
fid
Everything is starting to look a little toppy up in here.
You wish. The market had every reason to sell off today, and once again, the bears lose. Green green green.
Someone just dumped a monster block of SPY…
HNU.TO !!!!!
I m glad to see that there are still a few good open minded and educated persons like KOUCHUU, on this site, who dare suggest some stocks North of the border. I, for one know that if I would have suggested such an ETF to this crowd, The Fly woud have emptied pretty fast his bladder on me, There again we all know The Fly !!!!
I agree with you KOUCHUU. However, I still think that we are not out of the woods yet on nat. gas. We might have to wait another month or two, before making a decision — end of the season !! and all that shit !!
Have a beer on me !!!
Hi Fly,
Could I humbly ask for your DRYS target price?
Thanks,
no.
Thanks.
LOL!!!
The current spike in ng is due to a large number of “lock-in” contracts due this week. That’s J6P having to sign a fixed-price agreement for his winter heating, BTW. A higher price is of great benefit to producers, and to a lesser extent, distributors as well.
Once this process is complete – by the end of the September – the power of deflation will again gut all longs. There won’t be enough of you left to pick up with a sponge by January.