I’m round tripping back into BAS, because I can, for $17.20. Pretty much a lot of nothing – I sold at $17.29 on Friday.
This makes BAS a full position again (10%), along with CCJ (22%). Everything else is half sized. Cash stands at 45%.
I like what’s going on in natural gas prices. I’m not going to be left out of one of my best ideas when it runs.
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It’s almost spring already
It is indeed. But BAS is an extraction play, not a spot play. Depending on how the coal to natural gas conversion process is going, and whether or not we continue to get this sort of inclement cold weather going forward will ultimately determine what demand for BAS’ services looks like