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Vero Energy Inc T.VRO



TSX:VRO - Post by User

Comment by kavephishon Dec 13, 2011 11:56am
281 Views
Post# 19317263

RE: RE: natgas prices 3.25

RE: RE: natgas prices 3.25HNU is not a good comparison to VRO or any gas/energy stocks.  VRO doesn't have the erosion or contango that HNU does, and that is the true long term killer for HNU holders (keeping in mind that anyone who holds HNU for "long term" obviously should not be trading it!).  VRO, and several other energy stocks, have suffered more from market uncertainty than from just the decline in NG prices.  VRO has lost over 60% of its value this year, but NG has not.  Low NG prices will hurt VRO's bottom line, but investor jitters/market manipulation, call it whatever you want, is what we are fighting more right now. 
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