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Forum - Wall Street Pit (United States Natural Gas - UNG)    Stock Due Diligence for All

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From: prognesubis (Rep: 33) reply to JesseLivermoreDate: 11/17/2011 15:21
Forum: Wall Street Pit - Msg #2208699 - List UNG msgs Thread #673324659 (Rec: 0)
Re: final note for the day... some newsletter promoting penny scalps happene...
I would lock myself up in a bank vault to think about it over the holidays.



Cherry picker trading with scared money.



Reply to JesseLivermore - Msg #2208693 - 11/17/2011 15:07

final note for the day... some newsletter promoting penny scalps happened to state one decent point ...

hedge funds must show performance end of year and as 'growth @ any price sectors are in mass distribution & the PM's grossly over-owned,

what he did not mention is that most will be looking for performance that is not based on 5 to 10k girly lots in stocks that are about to file BK

as we saw with the VXX ..anything is possible

now if I was an institution that is looking for year end liquidity and a winter based PR story

that I can get off a few 100k lots w/o too much worry

where would I turn>?
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser prognesubis: Reward | Watch | IgnoreUNG: Ignore

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