Replies to post #13220 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[balamidas]

Sothis ,it could go way lower with the Iranian deal

[Ryantacular]

Lose less if you sell and buy back cheaper. Actually end up adding shares that way.

[fitzwell11]

People significantly over estimate decay here. Yeah I wouldn't hold for 2 months but 5-10 days will have very minimal impact