05
Sep

Public Post – Housekeeping Item

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Position Watch:

  • 1/2 (RIG) Call Position Closed Tuesday Up 156%.
  • (OII) Calls Up 330% as of 9/5/07 (bid side) since mid August.   
  • Refining longs continue to do well...

On the subscriber site this morning I said CHK's Curtailment PR would be good not only for them but also for the gassy E&P's. Despite a crappy market and the fact that gas was torn between focusing on high storage and on the prospect of more storms  (and to a lesser extent CHK's warning shot) 7 out of 10 of them closed nicely positive on the day while the broader market got whacked and the XOI closed off slightly. For its part (CHK) edged up 3%. again on a really cruddy market day.

 

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