I have a small issue re the average price: the price is actually unadjusted price, correct? That is to say if you sold some shares and bought in later the current unadjusted price might be under six but the adjusted price with your loss factered in should be at least above 6.3, correct? I learned abt this after doing a couple of uvxy day trades of frequent in and out.
But I like your logic and arguments re the role of natural gas in the economic growth and also as part of the daily necessities.
But why would the MMs want to strike the UGAZ down? What would benefit them? Those who cut loss earlier? Also, if you plan to hold onto the shares, would you sell all at once or sell some when 6.5 and buy in when lower? When is the time frame you would like to hold onto it? By December or February?
sorry for so many questions--my mind sometimes works uncontrollably too much in the mornings :) but rest assured, I admire your courage and am grateful that you share your thoughts with us :))
