Today I realised while the ticker is OOO, because when you realise what you are holding you ring this number in an emergency to get out of the trade!
I think that is a good summary, by jimk3758 I lost a few k on this one too and sold 3/4 of my position at the open (averaged in over last few weeks thinking I was going to win on a price recovery). I don’t think in this con tango environment you can make money holding OOO As the Nav will deteriorate with the roll over costs... unless you are confident of greater than 40-50% price improvements over your investment time horizon.
OOO Price at posting:
$19.36 Sentiment: None Disclosure: Held
