GREY:QEXXF - Post by User
Post by
InvestLargeCon Nov 28, 2014 1:18pm
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Post# 23174526
A few traders confuse NG stocks with shale oil!
A few traders confuse NG stocks with shale oil!Fact: Oil is dropping like a rock today and it's unclear how more it will drop.
But Nat Gas is a totally different story. Next week the weather will be good, but winter in America just started.
QXP is a NG producer, mostly, and it is already cheap. NG price, despite the recent sharp drop, is higher than summer and it will likely continue to rise for the next months.
QXP trades already at very low prices, as it dropped with a very low daily volume. A few tradrs have confused things and sell QXP indiscriminately as an "energy stock."
I believe this is aunique opportunity and I bought today.