Citi VelocityShares 3x Long Crude Oil S&P ETN (UWT)

[czni]

I don’t see a whole lot in here but I would like to understand something. I was told that the fund is being closed. In two days? I know it is night time right now. I am working myself to death to try to get to retirement. If this goes out at this price.
Can someone please tell me if this can in fact happen and what happens if it does?

I have quite a bit of money tied up in this.
Who would have ever thought that this was possible.?
For instance,
let’s just say you have 75,000 shares.

And your average is nine dollars.

We know where it’s trading now. What happens to us?
Is this truly like a regular stock they can just go to zero would be gone? Thank you very much.

I really appreciate the private message you sent to me. In two days? I wish I could’ve had further explanation on that. I do really appreciate some explanations so I can understand. I know the world has become a very confusing place. I need to know what’s going to happen or what can happen. If anybody could share with a no, would be a blessing.

Cheers and good luck.
Most importantly,
please be safe.

If you’re younger
stay away from your folks.