HNU going to ( too much) premium ?....why is HNU moving faster than 2x the futures chart and UNG ?
rollover?
I also thought any "short covering" from taking advantage of erosion,
just got absorbed by creation /cancellation
I expected a 2 week rally but seems overdone
consider HND for HNU correction later next week?
Comments ? traders
...
Humm now listening to bnn
- on inability for UNG to issue shares seems
to indicate a ( false/unsustainable - my words) premium on units
(UNG made request to SEC or FTC on June 5th )
and contracts getting purchased
So no creation allows at moment for short cancellation
- humm maybe seems safer to buy t:GAS - not getting overbid?
ie watch alta price ( and risk of US- can $ shift )
comments?
Tgar should be in here
( and also post some of his saved educational HOU messages ):)
Regards
U