Why the run-up u ask?
Simple. Money managers from all over the world have identified VPO as the top break out stock picker in the universe. Look at my bullish calls on SUNE, ( the former WFR), ZNGA, DRYS, AA, LEG and NBG.
VPO disclosed last week that he has approx 125 000 shares of ECA. CHK is priced ten dollars higher but it is half the company of ECA. Watch that paired trade un wind in Q1 2014. ECA will hit 24 by April and be at 30 dollars within the next year.
I also reported suspicious activity in TLAB last week just before the stink bid take over offer came yesterday. I am hearing TLAB is being accumulated by MARLIN AND AT LEAST THREE OTHER INTERESTED PARTIES. FINAL OFFER WILL BE IN 3 DOLLAR RANGE.
Long winter ahead, coupled with resurgence in steel, aluminum, and manufacturing and mining the next 6 months will cause NG to hit spot price of over 5 before April. The price will bobble a bit in the "shoulder season , and summer wil cause it to hit 6.