GAS STOCKS…NO NO - NATURAL GAS
Wednesday, October 17th, 2007Ok first of all, sorry for the lack of updates but I plan to revive the site and revamp it soon. This site was mainly for fun and to help share ideas with everyone. But I’m going redo the look and make it simple and more blog like instead of this insanity. Ok here are some stocks to look for. On Fast Money, Dennis Gartman, famous commodities trader revealved that they are buying natural gas and he suggested some picks such as UNG, the natural gas ETF saying that it’s forming a base. San Juan Basin Royalty Trust, SJT and Pengrowth Energy Trust (PGH) were two picks that are Canadian energy trust which pay 8% and 15% dividend respectively. So he says they track natural gas pretty well so I guess it’s worth a look but it’s very volatile. Those are just some ideas. Trade carefully.
