RE: WHATS UP WITH ECA?You would be correct if these analysts made their calls only when the stock was at $70. They are making their calls now, after the stock pulled back and we've had a similar pullback in NG.
We have already pulled back almost 30%, which is a completely natural pattern considering the runup that we enjoyed.
Bottom line, I'm sure you would agree that the price of NG will determined the short term share price and, in my opinion, you would have to be crazy to go short with Winter coming and the potential for an extended cold spell looming. With an extended snap of a couple of weeks, NG reserves will dry up like nothing.
Appreciate your feedback though.
eh