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VelocityShares 3X Long Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return UWTIF



OTCPK:UWTIF - Post by User

Post by cyclewatchon Feb 12, 2016 10:47pm
72 Views
Post# 24555105

347 M shares traded, only three members here?

347 M shares traded, only three members here?
I'm surprised there's so few people here.  We have that mad bankster guy and the good contra_man, who appears to have the type of positions that seems favorable.

I've started to see if I can trade this one.  Also looking at the HOU.  Not daytrade but position trade.

Like the fact this has an 80%/20% allocation on next month's future WTI and the month after.

Credit Suisse suporting it is well knowm although derivatives can be quite the bomb.. Although it might be tied to a subportion of CS not to the mothership.

I see one bear is full out "short for profits' which worked from the highs but at these lows. Seems like an extreme sport.

Should be an interesting few months for crude.
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