Sunday, August 19, 2007

Naturally Wild

is the way I term myself concerning natural gas. But the futures contract is so volatile I am trying to find a better investment vehicle to maximize profits.

Today in Barrons, they covered NBR which I have liked for awhile, since it is cheap on a PE and Book Value perspective. But what I didnt realize is that NBR's profits are tied to NG prices. I thought drillers were for Crude Oil only. So if my bullish scenario in NG plays out, the expected 40-50 price range mentioned in Barrons should be hit.

So lets add this to speculative AT CLOSE on Monday.

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