Thursday, June 3, 2010

40 Natty Gassers

There are now 40 natural gas plays on my list. Some I mentioned earlier, and some that have been suggested online at iBankCoin. Dare I say, All but one of the 40 are up since Obama's 2 pm Eastern speech yesterday, and the majority of them are up at least 5%.

Another day like today, and it's going to be a temporary nat gas mini-bubble. Several are beyond 10% gains, and once they hit 15% and 20% in the span of just three days or so, there will be enormous selling pressure no matter what Obama says next.

Still, I am going to dig for information on all 40 and figure out which are the most suitable plays. I hope to come up with 3 Kings of Nat Gas. Two would be heavily traded and debt-free — an improbable scenario considering the struggles of the industry until now — and one would be a small cap, essentially a Prince of Nat Gas.

Had I ventured into any of the 39 plays that are up, I would've made money, but it would've been more on speculation than actual information. This homework assignment will keep me busy for awhile.

No comments: