3 Responses to “Fly Buy: CLNE, FXP”

1. Leonard The Monkey Says:
   

   I don’t like this about CLNE as I can’t tell how hedged they are:

   The Company’s policy is to purchase natural gas futures contracts to cover its estimated fuel sales under these sales contracts to mitigate the risk that natural gas prices may rise above the natural gas component of the price at which the Company is obligated to sell gas to its customers. From time to time in the past, Clean Energy has sold these underlying futures contracts when it believed natural gas prices were going to fall. At December 31, 2006, the Company had sold all such futures contracts associated with fixed-price and price cap sales contracts and did not purchase any futures contracts during 2007.

   May 14th, 2008 at 2:26 pm     +0
2. StockTraderDaddy Says:
   

   you seem to be a sucker for pain on FXP … or does all not seem as it seems ?

   May 14th, 2008 at 3:06 pm     +0
3. iio Says:
   

   I plan to buy some next week. I think we are currently witnessing the bottom for FXP.

   May 16th, 2008 at 11:22 pm     +0

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