GREY:URPTF - Post by User
Post by
fredviewon Nov 06, 2014 7:53am
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Post# 23100923
NAV
NAVWe are now seeing month over month jumps in the value of NAV. Spot went up again yesterday to 37.60. Looks like the buying is coming back as the longer term contracts jumped 80 - 90 cents. That's a big jump for a day. Our NAV should be about 5.50 now. As soon as sentiment turns the sp will jump ahead of NAV, perhaps by 15 to 20 percent. Watch for volume to increase and this one can gap up pretty quickly.