Centaurus has first ever down year

[Maverick74]

http://www.reuters.com/article/idUSTRE70D51520110114

He is the 2nd youngest self made billionaire. First time his has ever made less then 50% in a year.

 

[kinggyppo]

Quote from Maverick74:

http://www.reuters.com/article/idUSTRE70D51520110114

He is the 2nd youngest self made billionaire. First time his has ever made less then 50% in a year.

you think Mr Hunter gets invited to the Xmas party?

 

[Maverick74]

Great article on John.

http://money.cnn.com/2009/11/23/news/companies/centaurus_john_arnold.fortune/

 

[RedDuke]

Does anyone know how Centaurus is doing now?

Natural gas is at 10 year low.

 

[TheGoonior]

Wow, a $15k fine.
That ought to really impact their bottom line and teach them a lesson.

 

[bone]

 

[RedDuke]

Gentlemen, the previous 2 posts are not relevant to the question.

 

[FrankSlaughtery]

Quote from RedDuke:

Does anyone know how Centaurus is doing now?

Natural gas is at 10 year low.

centaurus doesn't just put on a massive long ng front month position and hope for the best like ung holders do. they're prob the single laragest player in ng spreads and they've diversified into physical storage.

 

[bone]

Quote from FrankSlaughtery:

centaurus doesn't just put on a massive long ng front month position and hope for the best like ung holders do. they're prob the single laragest player in ng spreads and they've diversified into physical storage.

Yep, and no wonder that Arnold was on the correct side of a seasonal NG Spread commonly referred to as: "the Widow Maker".

 

[RedDuke]

Quote from FrankSlaughtery:

centaurus doesn't just put on a massive long ng front month position and hope for the best like ung holders do. they're prob the single laragest player in ng spreads and they've diversified into physical storage.

Of course not But when the market falls this hard, even hedged positions could suffer.