As the price of oil continues to sink, individual investors are beginning to see mounting losses, reports the Wall Street Journal.
Risky products like the United States Oil Fund continue to see a drop in value. However, investors betting on a market rebound after COVID-19 have poured hundreds of millions into the stock over the last week.
“There’s definitely a certain percentage of the customers that have no idea what’s going to happen to them,” said Robert Yawger, director of the futures division at Mizuho Securities USA. “They have no idea the slaughter they’re getting into.”