natty

Okay, someone explain to me why exactly Lehman brothers unwinding their NG contracts would cause a price spike?? Wouldn't we see just the opposite, like the SocGen futures unwind mess? Maybe the sold at such a fair price that the market went ape? Looks to be fading now. School me please.
 
Quote from circadian:

I'm guessing they could have been net short had to cover??


it was a joke.. i think there was a force majeure of some sort concerning sabine pipeline possible damage.
 
Quote from scriabinop23:

it was a joke.. i think there was a force majeure of some sort concerning sabine pipeline possible damage.

Thx for the clarification.
 
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