GAZ above 150% of NAV

GAZ is crashing now...

It has an NAV of $2.53, still a long way to go.

 

do you need any more proof than this that PRICE is a fiction?

 

is it GAZ or hot air?

 

In the last few days had you sold call options you would be in trouble since they called then as soon as they could to force you to buy and squeeze you

I am glad we have the SEC to protect us, lol

 

If "they" "called" (exercised?) calls you'd sold, you'd be "forced to" sell, not buy, GAZ.

 

my mistake, I meant "exercised"..

usually you'd get a short position, but there were no shares available so you were forced to buy

 

TVIX already collapsed as Credit Suisse decided to issue new units.

It was trading at 80% premium to NAV

When will GAZ collapse to $2.44 ? It is still trading at $4.57.

 

That's what everyone's betting on... http://www.etftrends.com/2012/03/focus-turns-to-natural-gas-etn-premium-after-tvix-crash/

 

From $15 to $7, isn't it under fair value now?

 

except you can't really bet on it, it's non-shortable