Oil and oil stock
Click here to go to the original topic

 
       Value Investing Forum Forum Index -> Special Situations
goog Thu Jan 17, 2008 2:56 pm    

Oil and oil stock 
Crude oil outperformed oil stock a lot in recent months. Our pick COP underperform oil ETF USO by 50% in the past 6 months. Looks like buy oil stock and short USO is a safer and possibly more rewarding strategy than just holding oil stock now.
goog Thu Jan 17, 2008 3:18 pm    

 
One of the reason USO is a good hedge is that the cost of the ETF. USO was trading at the same price as one and half year ago but oil price up a lot. This is a very ridiculous ETF and will eventually go to 0 no matter what the oil price will be in the long term.
 
       Value Investing Forum Forum Index -> Special Situations
Page 1 of 1

Search Engine Indexer
BlastInvest @2005 p h p B B © 2001, 2002 p h p B B Group