Here's a stock confirm that I think is worth paying attention to. RRC, yes its a gas stock :eek: Here's the thing they're the low cost producer and they're going to come out from this downturn stronger then ever. My NL confirmed on Friday +9 thanks to a +4 day. First confirm in almost 6 months. I'm long stock and will be looking to buy some calls on Monday.
There are intelligent ways to go about it. I'll keep them to myself. I don't need everyone piling into that Canadian thumb tack maker.
I don't know about Mav, but there is a LOT of opportunity in thin markets imo. We aren't trading it now because all of the ACD is stuff is flat, but have done very well in the past in milk futures. Prompt trades 3-500 contracts a DAY. The same goes in spreads of high volume underlyings. Corn and Crude....very liquid, very messy sometimes because of it. some of their calendar and inter com spreads though aren't nearly as messy, and work much better. 2 of my favorites that no one outside the grain world watches that trend nicely over days / weeks: Z and N wheat/corn, and Z, H, N protein spreads (chicago vs KC or KC vs MGE wheat)
I agree, I think thin markets have lots of opportunity because my definition, they are not crowded and the easy money crowd avoids them. Have to admit I've never looked at Milk futures though. I have looked at Lumber. There is an ETF also that tracks lumber. In fact there are a lot of good ETF's that track raw commodities that nobody ever talks about like tin and lead.