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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 RayTeeon Jun 22, 2016 10:21am
84 Views
Post# 24987007

RE:RE:RE:RE:RE:Gamble.

RE:RE:RE:RE:RE:Gamble.Looks like we have an einstein among us.  I explained this in a post I put on here earlier.

the #of shares has doubled as a result of the rights offering.   so logically, the share price should be cut in half.

if that's too complicated  for you maybe you should just stick with mutual funds where someone is paid to look at those things for you.
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