RE:Added todayMassive opportunity with YGR still lagging. Here is my theory:
We have discussed the short position and thoughtfully agreed that this could not be a one sided trade, meaning it is more than likely a hedge to a long postion on the price of oil or a larger producer. What no one saw coming is the price of NG climbing so quicky. YGR has not reacted to this jump at all, which doesn't really surprize me as it never trades with the gassers.
But- the short shouldn't be lined up against NG, meaning (I hope) they are actively searching/ supressing for an exit plan, don't ask me how they plan on doing that. Clearly now that trade is underwater (on this half) and that amount of forced buying could pop this much, much higher.... I know I am a broken record on this, I still think it's a possibility.... Good Luck