RE: Only 30% HedgedAlways had our share of nonsense but major losses have brought out the worst in almost everyone. General consenus was to get out by Christmas at a good price. Ng has made some of its biggest moves up in spring and summer even on bad news. Tax season is approaching and some may sell for the write off. Think you have to hold into the New Year for a recovery with production cuts ;possible fracking bans etc. But with double betas time is limited due to the monthly resets. In todays world people want instant gratification but it rarely happens. There will be a good recovery.