The Perfect Storm Event That Brings More Money Into the Crude Oil Market

The United States Oil Fund, USO is going to do a 1 for 8 split of its stock. It currently trades around $2.50 a share and the new price should be around $20. The public is killing themselves to get into this on the Robinhood platform. And why is everybody getting in on it? Because they think the price of crude oil has bottomed.