PMT and NG pricesinvesting in PMT or maybe the correct term is speculating in PMT is about 3 words.
natural
gas
pricing
all other considerations take a back seat;
1-assets or NAV of 5 bucks
2-management
3-riddell family ownership
4-TOU share ownership
5-high leverage
6-high NG storage in USA
7-LNG exports from USA
8-shut down of coal fired power generators
9-maintenance shutdown of nuclear facilities and questions about their future
if you beleive that NG prices have hit bottom and are going up at a time when traditionally they go down, then you might be able to make some proift tradign PMT.
if you beleive that NG prices are heading lower for a multitute of reasons then stay away form PMT or any other NG focused company.
it's a simple investment thesis.
are there are other NG fucysed companies, sure there are and most have leverage just like PMT. I don'tm recommend putitng all your eggs in the NG basket at this time until we get a clear indication of produciton but then again by the time we get an indication the smaert money will have already established a position.
don't forget we the public or mr and mrs retail are the last to find out anything regarding investing.
oh well GLTA