6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our new Free Modeling Tutorials ($200+ Value).

< previous | next >

Short Apple - Long Nat Gas
 

BTbanker's picture
IB
 
Points)
 on 4/26/12 at 2:25pm
wyoming_fracking.jpg

Jeff Gundlach stirs things up at the New York Yacht Club, the "King of Bonds" telling a luncheon if he were master of the universe (isn't he?), he would be short Apple and long natural gas with 100X leverage.

I personally have a shit ton invested in nat gas, but what are your thoughts?

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
Tags:
Ben Shalom Bernanke's picture

I like his swagger for

AM
(King Kong, 1,423
 
Points)
 on 4/26/12 at 2:47pm

I like his swagger for thinking that way - very contrarian. Who doesn't love Apple and hate Nat Gas?

justin88's picture

Maybe he should stick to

HF
(Gorilla, 583
 
Points)
 on 4/26/12 at 2:58pm

Maybe he should stick to bonds. The Apple revolution is far from over, and the NG price movement is structural, not just noise that will revert.

Edit: also, 100x leverage lol.

RagnarDanneskjold's picture

It would take grapefruit

HF
(King Kong, 1,031
 
Points)
 on 4/26/12 at 2:55pm

It would take grapefruit -sized balls to put that on in any significant size.

zeropower's picture

Agree re NG price levels

ST
 
Points)
 on 4/26/12 at 2:55pm

Agree re NG price levels being depressed due to a structural issue. It *WILL* reverse, but who knows when. Way too much supply out there to match any sort of (non existent) demand.

PetEng's picture

I mean, I agree with what he

O
(Gorilla, 746
 
Points)
 on 4/26/12 at 3:07pm

I mean, I agree with what he says. Doubt I could stay solvent that long.

couchy's picture

seriously, when you got

(King Kong, 1,365
 
Points)
 on 4/26/12 at 3:25pm

seriously, when you got college kids telling you to long AAPL thats a sign of a bubble

Macro Arbitrage's picture

I find it amusing that people

HF
(King Kong, 1,369
 
Points)
 on 4/26/12 at 3:31pm

I find it amusing that people have been calling the bottom in NatGas since mid 09.

"I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine."

justin88's picture

couchy: seriously, when you

HF
(Gorilla, 583
 
Points)
 on 4/26/12 at 3:33pm
couchy:

seriously, when you got college kids telling you to long AAPL thats a sign of a bubble

Look up what an economic bubble is. It's not simply "price has run up a lot".

I'd rather follow a teenager's advice about technology trends instead of a divorced 40 year-old analyst at a mediocre investment bank.

corzined's picture

Macro Arbitrage: I find it

(Chimp, 8
 
Points)
 on 4/26/12 at 3:57pm
Macro Arbitrage:

I find it amusing that people have been calling the bottom in NatGas since mid 09.

This. Supply isn't slowing down anytime soon either.

Edmundo Braverman's picture

dabanobo: couchy: seriously

ST
(Human, 14,373
 
Points)
 on 4/26/12 at 3:58pm
dabanobo:
couchy:

seriously, when you got college kids telling you to long AAPL thats a sign of a bubble

Look up what an economic bubble is. It's not simply "price has run up a lot".

I'd rather follow a teenager's advice about technology trends instead of a divorced 40 year-old analyst at a mediocre investment bank.

Wait...was that a shot?

swagon's picture

RagnarDanneskjold: It would

EN
(Neanderthal, 2,970
 
Points)
 on 4/26/12 at 4:32pm
RagnarDanneskjold:

It would take grapefruit -sized balls to put that on in any significant size.

what if i got bowlin ball size balls, doc says i got elephant titans disease

TonyPerkis's picture

how much is a "shit ton"?

AM
(King Kong, 1,575
 
Points)
 on 4/26/12 at 4:36pm

how much is a "shit ton"?

I eat success for breakfast...with skim milk

Something Creative's picture

corzined: Macro

AM
 
Points)
 on 4/26/12 at 4:50pm
corzined:
Macro Arbitrage:

I find it amusing that people have been calling the bottom in NatGas since mid 09.

This. Supply isn't slowing down anytime soon either.

Storage facilities are too full now as is and are going to be at or near capacity in the fall. Unless there is a ridiculously cold winter coming, it's going to stay low and probably get lower going into next year.

"It is hard to fail, but it is worse never to have tried to succeed."

Theodore Roosevelt

Texsun's picture

This isn't entirely on topic

O
(Monkey, 47
 
Points)
 on 4/26/12 at 4:51pm

This isn't entirely on topic but how does a business dealing with BS like this ever stand a chance at flourishing?

'Atlas Shrugged' in real life at its worst.

http://cnsnews.com/blog/craig-bannister/epa-offici...

"There's always money in the banana stand" - George Bluth

SC911's picture

LONG APPLE STEVE JOBS IN THIS

(Baboon, 118
 
Points)
 on 4/26/12 at 4:53pm

LONG APPLE STEVE JOBS IN THIS *****

BTbanker's picture

TonyPerkis: how much is a

IB
 
Points)
 on 4/26/12 at 5:26pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

BlackHat's picture

Agree with the AAPL short,

HF
 
Points)
 on 4/26/12 at 6:28pm

I hate victims who respect their executioners

Follow BH & Co. on Twitter: @DumbLuckCapital
twitter.com/DumbLuckCapital

djfiii's picture

PE isn't really astronomical

 
Points)
 on 4/26/12 at 6:32pm
BTbanker's picture

I think that Apple is going

IB
 
Points)
 on 4/26/12 at 6:54pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

Ricqles's picture

i dont think anything on the

O
(King Kong, 1,270
 
Points)
 on 4/26/12 at 7:49pm
Cola Coca's picture

UNG?

O
(Orangutan, 321
 
Points)
 on 4/26/12 at 7:59pm
BTbanker's picture

Ricqles: i dont think

IB
 
Points)
 on 4/26/12 at 8:11pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

energyanalyst's picture

Let me put my two cents

O
(Orangutan, 307
 
Points)
 on 4/26/12 at 8:36pm
RagnarDanneskjold's picture

Ricqles: i dont think

HF
(King Kong, 1,031
 
Points)
 on 4/26/12 at 8:48pm
macro's picture

A long-term bet in gas would

HF
(Gorilla, 555
 
Points)
 on 4/26/12 at 9:04pm
wallstreetballa's picture

Connor: I think that Apple is

ST
(Gorilla, 671
 
Points)
 on 4/26/12 at 9:20pm
Macro Arbitrage's picture

wallstreetballa: I'm sorry

HF
(King Kong, 1,369
 
Points)
 on 4/26/12 at 10:44pm

"I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine."

Cardinal's picture

There has to be better short

(Orangutan, 309
 
Points)
 on 4/26/12 at 10:45pm
BTbanker's picture

macro: A long-term bet in gas

IB
 
Points)
 on 4/26/12 at 10:54pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

energyanalyst's picture

Macro

O
(Orangutan, 307
 
Points)
 on 4/26/12 at 11:04pm
BTbanker's picture

energyanalyst: Macro

IB
 
Points)
 on 4/26/12 at 11:17pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

PossumBelly's picture

CHK is Enron part duex. Nat

IB
(King Kong, 1,689
 
Points)
 on 4/26/12 at 11:36pm
BTbanker's picture

Cartwright: CHK is Enron part

IB
 
Points)
 on 4/26/12 at 11:52pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

PossumBelly's picture

I'm speaking ethically,

IB
(King Kong, 1,689
 
Points)
 on 4/27/12 at 12:09am
BTbanker's picture

Cartwright: I'm speaking

IB
 
Points)
 on 4/27/12 at 12:12am

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

energyanalyst's picture

Connor: energyanalyst: Ma

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 12:21am
PossumBelly's picture

energyanalyst: No, I work as

IB
(King Kong, 1,689
 
Points)
 on 4/27/12 at 12:28am
energyanalyst's picture

Cartwright: CHK is Enron part

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 12:59am
PetEng's picture

If EIA could project pricing

O
(Gorilla, 746
 
Points)
 on 4/27/12 at 2:10am
energyanalyst's picture

PetEng: If EIA could project

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 2:56am
TonyPerkis's picture

Connor: Cartwright: CHK is

AM
(King Kong, 1,575
 
Points)
 on 4/27/12 at 4:06am

I eat success for breakfast...with skim milk

TonyPerkis's picture

Connor: TonyPerkis: how

AM
(King Kong, 1,575
 
Points)
 on 4/27/12 at 4:31am

I eat success for breakfast...with skim milk

justin88's picture

Edmundo Braverman: Wait...was

HF
(Gorilla, 583
 
Points)
 on 4/27/12 at 11:58am
bankbank's picture

dabanobo: Maybe he should

 
Points)
 on 4/27/12 at 4:04pm
Macro Arbitrage's picture

ToiletPaper: how much is a

HF
(King Kong, 1,369
 
Points)
 on 4/27/12 at 4:11pm

"I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine."

energyanalyst's picture

Hell yeah..I bought some NG

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 4:25pm
energyanalyst's picture

Hell yeah..I bought some NG

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 4:25pm
energyanalyst's picture

Hell yeah..I bought some NG

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 4:26pm
bankbank's picture

djfiii: PE isn't really

 
Points)
 on 4/27/12 at 4:42pm
energyanalyst's picture

Cartwright: energyanalyst:

O
(Orangutan, 307
 
Points)
 on 4/27/12 at 4:45pm

6 Free Financial Modeling Lessons...Straight to Your Inbox.

Confirm your name and e-mail below to get our best tips

Monkey Stats
Account information
We respect your Name and E-mail privacy. By joining you accept our terms of service.