it's coming into a situation where we might see negative num...
it's coming into a situation where we might see negative numbers again on the oil contracts if that happens lot of people got a lot of money by betting against oil
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Lou Blacksail : https://www.reuters.com/article/idUSFWN2CF0GF saw this just a bit ago. is this good news or bad for USO?
JoshKent Lou Blacksail : USO is gonna go up and down all day until about 3/3:30 when it probably will hit around 1.90 or so
Lou Blacksail : thats a speculation.
JoshKent Lou Blacksail : Reverse split is happening tomorrow, it’s gonna go down
Lou Blacksail : Oh wow that snuck up on me. I knew a while back that it was coming soon.
Trader-101 楼主 JoshKent : it will not go down because of the reverse split it does not move it like a stock it will not affect it at all none
JoshKent Trader-101 楼主 : I thought many people sell off before a reverse split
Trader-101 楼主 JoshKent : this is not a company that has equity shares this is a company that sells and buys future contracts on oil you can buy and sell this company a billion times a day but not affect the stock price