Thread: Oil
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[email protected] gfretwell@aol.com is offline
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First recorded activity by BoatBanter: Jul 2007
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Default Oil

On Sat, 23 Jan 2016 23:27:02 -0500, Alex wrote:

wrote:
On Fri, 22 Jan 2016 21:35:31 -0500, Alex wrote:

Add USO to your list.

It might be worth throwing a couple grand at if you really feel lucky
but penny stocks are like lotto tickets. Most are losers.

... unless you are talking about the ETF


That's not a penny stock and it was up over 8% on Friday. You would
have to go long on USO. It will pay off if you can wait. Oil can't
stay at these levels forever.


That is the ETF, The stock (US Oil Sands) is trading around 7-8 cents.
I will do a little homework on it and see what it looks like.