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United States Oil Fund, LP (USO)

NYSE
Symbol
Exchange
Currency
USONYSEUSD
USOMexicoMXN
Currency in USD
Disclaimer
80.46
+0.82(+1.03%)
Closed
Pre Market
80.70+0.24(+0.30%)

USO Comments

This is a terrible ETF. Buy the actually oil companies and independent drillers. OXY, MVO, PVAC, PSX, MMP, XOM, etc. way better return and dividines. These had a great week BTW
For the newcomers considering this for investment https://www.fool.com/investing/2020/04/22/3-reasons-not-to-buy-oil-etfs-like-uso.aspx
huge manuplative move incoming. her ready for 200 and above ... just a warning to bears. this is gonna be my last comment for the coming 12 months. next year this time let see where the price will and I will accept the congratulation messages.
l bought at $3 dollars x 100 shares 4 months ago, still not worth anything. l should be ITM but showing N/A.
This ETF made an 8-1 split, it means that you multiply the value of 3 x 8, your current purchase value is 27, so you see very little profit. I believe that its maximum this year will be 33, by the end of 2021 it could be 45 in my opinion.
FILLLLLLL ZEEEEEE GAP!
do you guys know where can I see iNAV real-time
Contango infested.
Time to sell this scam ETF.
Comments?
I hope you’re not missing silver’s massive run guys. Go for SLV
Already got it, oil has to go up as economies open again, right? This is a bargain, but I don't really like the graph long trend either. Idk what to say.
 Oil is already up. USO is having issues I think. Already dumped my position and started trading Tesla, which proved to be a great move.
This was over 100$ a yesr ago whats the chance it ever gets back?
It will never get to 100. Never. Look up contango. This is only at 30 because of a 8-1 share split.
yes but the 100 was adjusted for the 8-1 share split as well so the chance are actually high especially because how they stretched there plan out now
yes but the 100 was adjusted for the 8-1 share split as well so the chance are actually high especially because how they stretched there plan out now
Silver time
Sold out
Moving up..l say again.;nothging can bring down USO down to 27 again..
Hahaha what you was saying?
OPEC news out yet?
technical summary says strong sell, how could new deals in august revert this trend??
Nothing can bring USO dıwn to 27 again..
28-29 is the bottom..Buy now or you will...
what's the top?
40-52 very soon
I hope!!! what are you basing that on?
Yesss...rolling up slowly slowly...
Why USO not traded today?
just 4 months before on 06.03 when crude was $41.61,USO was $ 8.72(before the split)which refers to $69.76 with the current price.Crude almost at the same level and USO is lower than the half,where it should be around 65$ today.Dont you think that there is something wrong with that?
https://www.splithistory.com/uso/
The link describe why the split, but why is the price doesn't change as expected that's because the oil in general is monopolism, it's not related so much to the market, there is no competition. There someone wake up in the morning and say " hey let's make it 40$/Barrell "
USO tracks energy as a whole now, not just crude
https://www.gurufocus.com/news/1170819/uso-shareholder-alert-bronstein-gewirtz--grossman-llc-notifies-shareholders-with-losses-exceeding-500k-of-class-action-against-united-states-oil-fund-lp-and-encourages-investors-to-contact-the-firm
Not to the moon Expecting it to hit 75-80
I don't think it will hit 80 EVER due to huge losses of fund from may. I only wonder if it will hit 40 again in next year.
75-80 means that WTI will be around 90 and Brent 100
Sry WTI around 100
@Mr No  Simply ask yourself If you don’t believe it in it. Why are you on this page and in this forum and writing comments  Give me a reason  Public educator ? More a ***wiper
i do own USO shares with an average of 23$.The point is that if you think USO will be 80-90$,then i' d say you are dreamin
The philosophy of the fund is not making profits,otherwise they wouldnt sell at  12$ two months before and purchase more expensive ones.They sold very cheap and "reversed splitted"the shares as they were afraid of price would be zeroed.That would be very embarrassing for the biggest Oil fund,
Simply ask  yourself "am i willing to invest  a stock,20-30% higher than its NAV?"There are no expectations for this instrument as in any other stocks,thus dont expect it to fly to the moon.
You are wrong mr no  Go promote your negativity somewhere else  There will be war coming up  And oil with go up very high  Prices of oil are not related to NAV they are related to politics  and subsequently USO.. wait till the end of the summer and see
who do you think the combatants will be?
For those who has purchased this stock around 6$ and above with the old price,USO need to be 48$ minimum to make it even.Under todays circumstances,that looks quite hard and nearly impossible.
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