Centaurus has first ever down year

Discussion in 'Wall St. News' started by Maverick74, Jan 18, 2011.

  1. Maverick74

    Maverick74

  2. Maverick74

    Maverick74

  3. RedDuke

    RedDuke

    Does anyone know how Centaurus is doing now?

    Natural gas is at 10 year low.
     
  4. Wow, a $15k fine.
    That ought to really impact their bottom line and teach them a lesson.
     
  5. bone

    bone

    [​IMG]
     
  6. RedDuke

    RedDuke

    Gentlemen, the previous 2 posts are not relevant to the question.
     
  7. centaurus doesn't just put on a massive long ng front month position and hope for the best like ung holders do. they're prob the single laragest player in ng spreads and they've diversified into physical storage.
     
  8. bone

    bone

    Yep, and no wonder that Arnold was on the correct side of a seasonal NG Spread commonly referred to as: "the Widow Maker".
     
  9. RedDuke

    RedDuke

    Of course not :) But when the market falls this hard, even hedged positions could suffer.
     
    #10     Jan 18, 2012