One trader held 11 pct of Nymex oil contracts

NEW YORK - "A single energy conglomerate held 11 percent of all contracts on the New York Mercantile Exchange at one point last month, according to a published report today, suggesting that speculators may have played a larger part in volatile oil markets than once thought." AP via the Boston Herald

It wasn't me. :)

A few questions here to say the least.

Are they insane?
How much do they own now?
Did they make any money?
Did they get killed in the drop from $147?
Are they insane?


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