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DannyUpshaw > Trade Notes

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5 Day -0.57%
15 Day -0.59%
1 Month -3.22%
3 Month -3.46%
6 Month N/A
1 Year N/A
As of: 11/21/09
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Member since: May 07

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DannyUpshaw: Trade Notes

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Bought 100 shares of UNG at 40.63

DannyUpshaw posted on 08/04/08 at 10:05 AM (Note posted about 8 hours after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 32 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 3.12B
52-Week High 29.12
52-Week Low 8.79
10 Day Volume 25.63M
P/E -1.31
EPS (Trailing 12 Mos.) -6.82
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: UNG
Quantity: 100 shares
Price: $40.63
Value: $4,063.00
Stop Order: No @ $N/A
Target Price: $0.00

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Posted by DannyUpshaw on 08/04/08 at 10:05 AM

Tag It | 1 user tagged it: UNG, stock, buy

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ALPHAJC

Member since: Jan 08
5 Day -9.82%
15 Day -8.64%
1 Month -64.73%
3 Month -72.04%
6 Month -89.00%
1 Year -41.11%
As of: 11/21/09
How is this calculated?
Trades 1515
Trade Notes 0
Blog Posts 26
ALPHAJC
Posted August 04, 2008 (03:42PM)

UNG has been oversold for a very long time, breaching every support level it had.

If we end up with another crisis like we had during the Amaranth Advisors implosion and have no hurricanes at all...it could be a continued downward March for natural gas.  However there are some politicians who are listening to Chesapeake Energy and thinking that it may turn out to be a good alternative to running all our cars on gasoline.  

At $40, you've bought it at a good price...be prepared to average down or stop yourself out if you can't do that though.

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