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

WARNING: Read me before buying OOO, page-80

  1. 988 Posts.
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    Thanks tony
    Iam not sure abt prices going back to pre virus levels in 1 to 2 months but we might in 1 to 2 years......... Its good that you brought the point whether or not ppl jumping in OOO.......... to mind they are if you looking at last few weeks volumes i think there are long term players building there positions (not sure on this though)........... I will just tell you what told myself we i bought this stock at 5.5........... i thought this is a good entry point now all i have got to do is avg down if it goes down and bloody wait it out coz in next five years (worst come worst) i will make decent money in this.............. considering there are very few places you can park your money these days............ I found oil at 20 year low a relatively safer bet to park my money for a medium to longterm to make decent profit
    Any ways good luck with your investments
    Always DYOR
    AIMO
    SS
 
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