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PVG - UPDATE

Written by Dax. Posted in Trade Ideas

Nice move today. I would consider bringing your stop up to just below yesterday's low.  That way you cannot lose on the trade.  T1 is just above at around 8.50.  The large move today was a result of the press release that stated PVG has reached the Bulk Sampling area.  We should hear soon with the results.

Original trade below...

 

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Bill Powers: Pickens and Stansberry Wrong, Shale Gas Production to Fall

Written by The Energy Report. Posted in The Energy Report

Energy pundits sing natural gas' praises, but Bill Powers, author of "Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth," isn't buying it. He sees serious flaws in how reserves are reported, and his own research shows steep, across-the-board production declines in the near future. Nonetheless, he expects a multiyear bull run for the resource, and recommends investors get positioned before scarcity hitsjust five to seven years from now. Find out which companies Powers is betting on in this interview with The Energy Report.

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