Replies to post #29231 on VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

[acrazjo]

You are correct. Decay has decimated the ability for UWTI to really climb into double digits. A
30% rise in oil is only a run up to 2.70 or so. I would not be unhappy with that though, lol. UWTI needs a reverse split to ever see double digits anytime soon.

[toomuchmoney]

Lots of UWTI love coming kam

;O)