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Bullboard - Stock Discussion Forum Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of... see more

TSX:AAV - Post Discussion

Advantage Energy Ltd > Nat gas price??
View:
Post by rico91 on Aug 15, 2020 3:20pm

Nat gas price??

Anyone know why Nat Gas prices spikes yesterday?
I can't find anything that says anything?
Thanks!
Rico
Comment by ngtraderng on Aug 16, 2020 7:32am
HFIR poses a theory that it was due to a short squeeze triggered by the liquidation of DGAZ (3X bear ETF that's being shut down): https://seekingalpha.com/article/4368864-natural-gas-prices-squeezed-dgazf-gets-liquidated
Comment by rico91 on Aug 16, 2020 9:29am
Yes, I did read that article. So, we have 2 possible directions from here. We could have a retracement back  to the lower 2's if the higher price is not justified by fundamentals or nat gas could continue to rise if fundamentals are indeed strengthening. I guess Monday should give us an idea of where we are! Rico
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