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

WARNING: Read me before buying OOO, page-378

  1. 3,625 Posts.
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    yes, I got out yesterday after doing a bit of research (which I should have done before investing).
    I feel that as the futures price declines like it is doing at the moment, (and the price that OOO paid is already under water),
    the contango effect will be negative and larger.

    Perhaps the contango effect will be positive as the price of crude increases (whenever that that will be) ?
 
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Currently unlisted public company.

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