ERX had a 1:10 recently i see. What an incredible run up its had over the last week or so. I completely botched by not knowing this fund existed. Hoping for some type of a retracement but not going what the Catalyst will be. Clearly this does not trade in tandem with the underlying commodity crude oil. I'm suspecting that this fund intent on taking advantage of the consolidation that could occur if our us frackers call Michelle producers and refiners file bankruptcy and these companies that the fund holds approximately 80% of institutional stocks in, takes over the smaller companies
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