Announced today, Horizons BetaPro will be putting in place a reverse 1-to-5 split on units of its NYMEX Natural Gas Bull ETF (HUN). As you may know, this is due in large part to the sinking natural gas prices experienced over 2009. Here are a few points to keep in mind for those wondering what [...]
Calling a bottom in natural gas? This past Friday, August 21, 2009, natural gas futures were trading below $3.00 in New York – compared to oil futures hitting the year’s high above $74. Some analysts have even been speculating that natural gas could go down to zero, given the enormity of current oversupply and overproduction.
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