I REALLY hate to say this, but the only way $Bloomberg Natural Gas Bull 2X ETF(BOIL)$ is ever going to go up is if about 75% of those who own it sell. As long as it holds such a large of natgas contracts, the mms will continue to manipulate the contango. You'll see, if the o/s shares ever go down.
The whole problem with this is there won't be a short squeeze because it is the mms who are short. Not boil, the futures. They make money pushing gas down and from the contango.
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