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lovethatgreen

02/27/24 8:28 AM

#77613 RE: nicehit #77610

Lmao at the content on this board

I-Glow

02/27/24 10:42 AM

#77616 RE: nicehit #77610

There won't be any part of the contract delivered - the contracts don't exist.

Here is an example of a commodities contract.

"An initial margin amount of $3,700 allows an investor to enter into a futures contract for 1,000 barrels of oil valued at $45,000—with oil priced at $45 per barrel. If the price of oil is trading at $60 at the contract's expiry, the investor has a $15 gain or a $15,000 profit."

" Delivery period

As the nearby future moves into the delivery period, a buyer of a futures contract who maintains their position must be ready to accept the delivery of the commodity and pay full value."

Investors buy commodities either betting they are either short or long.

It doesn't seem that Park understands how commosities contract works.

It is amazing that investors blindly invest in a company based on pumping press releases.

IG