RE:How to break even if possible? Can anyone explain? Cant happen, net assets around around .55, maybe even .6 i believe were on july futures now, so oil goes to 30, then 45, you double twice, so thats 2.4, and that's EXTREMELY unlikely(under 2%). But for the essentialy impossible (under .1%) move to $67.5 in 3 days, youd be at $4.8.
As traders sell this closer to its net asset price, I gota say, if you are still holding this when its trading at over double its actual worth, you are insane.