SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.12+0.8%Nov 26 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (72559)3/31/2011 7:25:12 AM
From: Haim R. Branisteanu1 Recommendation  Read Replies (1) of 218054
 
Hi to all;

After some nice appreciation expect "First of April" correction.

On March 15 after the Japan disaster I have indicated that NG is prone to rise from the last year slump due to the fact that Nuclear Energy took a back seat and NG electrical power plants are the easiest to install to make up for lost electrical power production with NG plentiful.

Since NG rose from around $3.85 to $4.40 per "Henry Hub" contact a rise of over 14% (or over a double with leverage).

Gazprom ADR did gain as much, from $29.5 now quoted at $32.34.

In theory due to Gazprom leverage the stock should advance further at a rate higher than the NG contracts, if the fundamentals for NG are sustainable.

I do expect that the speculators will start taking long positions in NG contracts and over time when it will hit the news including the talking heads on CNBC NG contract my touch $5, at that time if GS and other swindlers will start recommending buying NG it will the time to sell the position for those that followed my advice.

As to Gazprom stock I will consider selling if it will reach $40 within 6 months or later and will reevaluate the situation.

Cheers
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News