Fast Money Trader Gets Burned By The U.S. Natural Gas ETF (NYSE:UNG)
August 21st, 2010
“On ‘Fast Money’, our traders are always fast, but they aren’t always right. Brian Kelly of Kanundrum Capital, for example, got burned by US Natural Gas Fund (NYSE:UNG). Since having recommended the stock on July 27, it’s down 10%. Kelly said he bought (NYSE:UNG), but has since sold it. Despite a hot summer and hurricane season coming up, he would not get back into this trade,” Drew Sandholm Reports From CNBC.
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