VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[future1]

rawiron1- you can always cherry pick examples to fit any argument. He also mentioned he doesn't have money to play with which means he doesn't really want a lot of risk.

Lower value stocks inherently carry a higher degree of risk. Sure you may get a multiplier on a low priced stock but the same can be said for stocks such as google. Higher dollar stocks could also forward split after a big move as well as pay dividends.

The same thing goes for reverse or forward splits. Done for the proper reason either could be a good thing. Done for the wrong reasons and you're screwed.

I just had one reverse split but it was actually to up list which it did. It needed to in order to meet the requirements of the higher exchange.

Not trying to argue, just backing his point since I felt that way when I played penny stocks. Got burned on a number of them when they were halted. Had multiples on others. Odds favored halting.