Another Energy Fund Failing?

By Joe Weisenthal

We’re hearing that a Houston-based an energy fund which took a short position in March 2009 gas futures and long April 2009 gas futures is getting crush. The spread on that trade has been widening all week. Energy traders are abuzz with talk of one fund getting crushed, ironically by taking the exactly opposite of one of Brian Hunter’s infamous trades. He was long March and short April when he dragged Amaranth down.

Comments (8)

  1. 1
    Posted by guest | February 15, 2008 at 12:41 AM

    What happened to all the comments?

  2. 2
    Posted by guest | February 15, 2008 at 2:14 AM

    So, get over the loss of a few hours of drivel, its not like the comments cost anything…
    It’s a new look and it rocks… Thats what matters and its about damned time…
    Remember its always looks over substance… get with it already…
    Who cares about reality…
    oh and it was just some egghead Quant’s scrabbling up the markets again…
    Nothing new… when Quant’s run a muck, what do you expect? They are type casted to do exactly that…
    They pulled a Kerviel… its kind of like a gerbil… but more painful.

  3. 3
    Posted by american bandersnatch | February 15, 2008 at 10:38 AM

    Don’t be a tease – which fund is it?

  4. 4
    Posted by guest | February 15, 2008 at 10:58 AM

    Saracen?
    Google trends seems to think so:
    saracen energy
    Hotness: Medium
    Peak:
    1 hours ago
    Location:
    23% – Houston, TX
    20% – New York, NY

  5. 5
    Posted by guest | August 12, 2008 at 3:41 PM

    F*** mate look around, you f88 twit. Whiach commodity funds have TOO MUCH MONEY? @(2% x (AUM-Margin)= you’re a moron investor
    Does P Touradji need $70m to run a @25 person office if they charge 2% mngt fees on $3.5bn?\
    Somebody is ripping-off the investor.
    Have some names.

  6. 6
    Posted by guest | August 14, 2008 at 6:11 PM

    That’s old news. Wake up. It was Tellurian Capital doing nothing…again… with outsourcing to loser advisors like TW. Down and out…

  7. 7
    Posted by guest | August 14, 2008 at 6:14 PM

    Who is this loser TW? Why would anyone give these f”"”s $?

  8. 8
    Posted by guest | May 4, 2009 at 3:32 PM

    Hey, dude get the fuck out of the way! Can you make hotdogs?

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