UNG nice rally yesterday, selling today just few
Nice rally, I suspected that we could see like a double bottom ascending and so was better to buy for now before the past and recent important low that shown us already an important rally.

So what to say? Nice to have a bit of UNG in portfolio, around 12,5% in my portfolio, today I will sell at least a 2,5% to reduce the holding to 10%. I think to sell if will go still higher in the next week a stake of 5% and so on, and to hold at least a 2% in this still bottom forming commodity and ETFs.

Any comment is appreciated, just post it! thank you

http://investingformula.blogspot.com/2009/05/buying-aggresively-ung.html

After have liquidated everything in area 17 and above I think it can be another bargain to see UNG below 14 area and may be in few days again at the low. It's a bear trap, in my opinion, so I will add in portfolio a stake of 20% too if I will see prices again below 13 USD and below 12 I could arrive to a speculative 25% of portfolio.
I consider the area 3.05 USD very solid. We will see next week (:

I liquidated positions on UNG

the big rally is arrived and now i see overbought gas but still can extend in area 18.00 USD UNG where I will liquidated another 1% holding.

http://investingformula.blogspot.com

0.20 CAD rally in the past 2 days.

Still undervalued. We discovered it at 0.50 CAD per share and bought recently at 0.60 and 0.65 CAD before the new rally at 1.49. Before rallied from 0.49 to 1.93 in January. It still is very cheap and a bargain stock. Debt free, with constant revenues and eps.



More informations about financials are here
http://cxa.marketwatch.com/TSX/en/Market/companyfinancials.aspx?symb=GCE&sid=3566106

At 0.60 CAD was trading below 50M CAD and the cash in the firm was near 90M CAD, actually the company trade few above the CASH and still debt free. The net profit is above 50M CAD with a PE around 2 now and around 1 or less at 0.60 CAD level.