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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18761112 No.18761112 [Reply] [Original]

Can someone explain to me what's happening with USO? I can't find anything about the sudden price jump, all the news is still FOMO from a few days ago.

I bought at $4.45 and thought I would lose after it tanked more, but now it's at $17.75 and I've quadrupled my investment.

Should I sell it all now, or do you think it will rise again to previous price levels around $30?

>> No.18761155

>I've quadrupled my investment
no one say anything

>> No.18761171

>>18761112
There was a reverse split you retard

>> No.18761198

>>18761155
>the state of retail USO buyers
fucking hell

>> No.18761207

yes i've seen it, idk much about it though. there was a guy on here the other day saying he remortgaged his house or some shit to buy this at the bottom

>> No.18761258

>>18761171
so is it a long hold or is this a sign that it's fucked?

>> No.18761297

>>18761112
You have 8x less shares You didn’t make any money unfortunately. I bailed at $2.69 and not looking back.

>> No.18761327

>>18761171
My account must be incorrect then. It still shows that I have all the shares I've bought and my cost basis is positive.

>> No.18761332

>>18761171
>be a fat retarded loser
>camp on biz waiting for someone who doesn't know what reverse split is
>as soon as he opens a thread, shout REVERSE SPLIT YOURETARD.JPG
>you've now found a sense
>coom

>> No.18761338

>>18761112
>I can't find anything about the sudden price jump
Either you are blind or lazy.

>> No.18761361

So what happens if you bought calls before the split?

>> No.18761406

Retail USO retards will get slaughtered in June.

>> No.18761464

>>18761332
I’m actually fit tho

>> No.18761521

>>18761327
you should probably stop trading stocks

>> No.18761536

>>18761521
I'm way up overall.

>> No.18761548
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18761548

>>18761327
you are retarded and here i thought you were larping

>> No.18761550

I'm new to all this and I bought an extra two stocks yesterday just to put me at 16 because of the 1 per 8 I read about. If I hadn't been at 16 what would have happened to those 6 stocks?

>> No.18761631

>>18761548
> didn't know about reverse split
> account shows incorrect amounts
k