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United States Oil Fund LP V.USO.RT


Primary Symbol: USO

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the Benchmark Oil Futures Contract, plus interest earned on USOs collateral holdings, less USOs expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.


ARCA:USO - Post by User

Comment by aweighon Apr 24, 2016 8:50pm
151 Views
Post# 24804679

RE:who

RE:whoThe guys who funded this Co. did it at .15 which is $ 15 after the roll back. Those guys weren't looking for tiny returns but a 10 bagger at least. They are now prepared to fund for an additional
$ 7.5 Million, but even after doing that their average cost will still be over $ 8.00 per share.
If the technology works is $ 3.00 or a market cap of $ 50 Million seem too much to you ?
Some how I don't think the stock will collapse to cash value, that would be about .70 per share and would give no value to a brand new plant that costs $ 70 Million give or take.
If they can prove the technology works the stock should do very well.





Storm23 wrote:
would pay $3 /share post rollback ,once the dust settles could well drift below the cash value like so many other companies.


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