RE: RE: NatGas Rig Counts seriously guys. i dont even know why ppl are even posting a single comment on hnu. first of all its a horizon product - double etf. dont touch these ever. second its natural gas which will keep on going down and down. trust me this is not the low. there is no demand and way way too much supply. nothing is going to happen for at least five years and max natural gas even in 5 years would be $4. but hnu will never recover your money if natural gas goes to $4. contango effect. this is a short term trading tool which you (if you really want to) play every day and not hold at all. natural gas will probably go down to 1.50 and then it will stay below $3 for at least another 2 maybe 3 years.
i just posted here because i am kinda tired watching the market today. just sell and dont look back. and dont come back to these horizon products. just buy regular stocks. u will do great.