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re: Oil stocks...are you buying?

Posted on 2/3/16 at 4:54 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10277 posts
Posted on 2/3/16 at 4:54 pm to
quote:

I thought utwi is essentially a stock that's 3x whatever the change in oil is. Is it purely an oil futures stock that's at 3x?
What made it go up today?


You thought right, but must be looking at yesterdays oil prices? Oil is up over 9% now dude.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 2/3/16 at 5:51 pm to
Big rally today ,made up for the losses this week already
Posted by FunroePete
The Big Cheezy
Member since Dec 2012
1531 posts
Posted on 2/3/16 at 6:13 pm to
quote:



You thought right, but must be looking at yesterdays oil prices? Oil is up over 9% now dude.

You're right. I was looking at rigzones sidebar for prices and I think they update once a day after the market closes.
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