OOO 2.81% $19.36 betashares crude oil index etf-currency hedged (synthetic)

WARNING: Read me before buying OOO, page-81

  1. 104 Posts.
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    Ok so on this Contango argument, if now is such a “bad time” to invest into OOO due to Contango, then what would the other option be? Wait until the price jumps up 30% and then buy in with a lower Contango? I don’t see how it really makes a difference in the long run, you buy in now and wait for it to go up 30% or buy in when it’s 30% up, whats the difference?
 
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Currently unlisted public company.

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