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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Following today's inventory report, UNG tumbled nearly 4%. Invesntories dropped only 116Bcf, bringing the total amount in storage to 1.73Tcf.
UNG, what a dreadful ETF:
But our readers know that very well.
Our March straddles are already profitable by nearly 8%:
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1 comment:
nice analysis!!
Thank you.
...(I'd be pleased if you exchange reciprocal link with me.)
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