Tuesday, July 07, 2009 10:53:29 AM
United States Natural Gas Fund Discloses on July 7, issued all remaining outsntaind units to authorized purchases until SEC declares effective the registrateion statement on Form S-3
- Discloses 8-K filing dated 7/6: United States Natural Gas Fund, LP (“UNG”) announced in a current report on Form 8-K that only 32,100,000 of its units registered with the Securities and Exchange Commission (the “SEC”) were available for purchase by UNG’s Authorized Purchasers. As stated in its current prospectus, UNG creates and redeems units in blocks of 100,000 units called “Creation Baskets” and “Redemption Baskets,” respectively. Only Authorized Purchasers may purchase or redeem Creation Baskets or Redemption Baskets. - As of July 7, 2009, UNG issued all of the remaining outstanding units to its Authorized Purchasers. As a result of these issuances, UNG will temporarily suspend the issuance of additional Creation Baskets until the SEC declares effective the registration statement on Form S-3 (333-159772) which was initially filed on June 5, 2009 and registers an additional 1,000,000,000 units. This registration statement is currently subject to review and comment by the SEC, the Financial Regulatory Industry Association (“FINRA”) and the National Futures Association

No news, as why it would halt

JAZZ is on fire today and already up 26%.

I just witnessed a bull flag on the 15 min chart.

Lets see which way it breaks, for a quick trade....

DTG BO over 14.15

wow!! SRS does not want to move today.

Good luck and all the best,

Cheer

has been moving pretty well so far.

RIMM after hours is tanking so far

It remains to be seen how RIMM's first quarter earnings will be today (After Hours).

It could give us a clue of where the Q's will be trading tomorrow.

So far, the SP is down.

AIM & MRNA, from past picks and discussions, are both pretty strong today.

watch BZH

BO

Matt,

I was just going through your old picks and saw AHR.

Would you look at it, as a bull flag?   Volume has been down.....

Interesting video:

http://pragcap.com/what-has-changed-on-wall-street

Watch CBS from the list.

It wants to Break Out ....

SO FAR, the GDX has remained pretty weak.  I'm just waiting for the sell signal to go short.

Great Video Ravun,

Thank

Matt,

Could you include an analysis of GDX and GLD in tonight's market recap?

Thanks in advance

Barcelona all the way!!!!

Cheer

Matt,

Is this still a good short in your book?

Thank