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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (88874)8/18/2007 1:02:38 AM
From: Rocket Red  Read Replies (1) | Respond to of 313049
 
ADB is a coalbed

You guys may get a good trade out of it but I don't for see NG taking off to the moon anytime soon.

Too much NG around it may take up to 2 years to get NG back up there.

Trade the sucker thats my opinion.

There are far better ways to play the NG markets than with coalbed stocks/Just my opinion



To: koan who wrote (88874)8/18/2007 2:02:24 AM
From: Gib Bogle  Read Replies (1) | Respond to of 313049
 
Thanks. I was wondering what explains its descent from 1.50 to 0.25. That's a pretty dramatic decline.



To: koan who wrote (88874)8/18/2007 8:10:54 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 313049
 
koan if you are making bets on NG you would do well to inform yourself over here Subject 50987.

Coal bed methane requires tons and tons of wells because the pressure and hence flow are very low compared to conventional well. OTOH the depletion curve is usually more gradual. The number of wells here is apples to oranges for conventional NG wells.

Also there is LNG from off continent depressing continental NG prices. So NG is going global also. You also need to watch the global NG usage situation ie Europe for example which greatly effects this marginal supply. Marginal but having a huge effect presently.

Something else to think about.. Message 23806353

I guess it depends upon how long a time horizon you have and of course this could all change tomorrow. Maybe China will mandate all taxis / busses to be NG powered.. :o) They have few cities where this is the case.. Or possibly trade it as Red says. I'm out of asll my NG presently.. Sold my CNE.UN a ways back... thankfully.

blackie.