What a joke, the share structure already sks big time.
This is true I've been tracking this on Etrade, someone bought 31,000,000 shares the other day, assuming it was West Face Capital because I had not seen them listed before.
Oil inventories are being ignored, the focus now is on the steadily decreasing rig counts in the US.
Oil is back.
There is no limit to your potential loss here with this ETF.