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Re: PJO post# 19976

Monday, 12/18/2017 12:23:19 PM

Monday, December 18, 2017 12:23:19 PM

Post# of 25303
This is a 3x leveraged ETN. It is intended as a hedging vehicle, not as a long term investment. As stated in the prospectus for these ETN's, they suffer from decay, which renders them unsuitable for long term investing.