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Started By
Message
UWTI & DWTI are being delisted
Posted on 11/18/16 at 1:27 pm
Posted on 11/18/16 at 1:27 pm
Posted on 11/18/16 at 1:42 pm to southernelite
My question is...what the hell do with the shares that I have?
Posted on 11/18/16 at 1:57 pm to TexanWhoDat74
Well, you shouldn't be holding them, but if you are, then you need to liquidate.
Posted on 11/18/16 at 2:07 pm to southernelite
best worst lesson i learned in "investing"
Posted on 11/18/16 at 2:25 pm to Grits N Shrimp
You can still hold to maturity..
Posted on 11/18/16 at 4:06 pm to raw dog
quote:
Since the notes will not be called, redeemed, or liquidated owners must sell their holdings by December 8, unless they want to try to do that in an extremely illiquid market, Balchunas adds.
Posted on 11/18/16 at 4:07 pm to southernelite
Which one of you downvoted me?
Posted on 11/18/16 at 4:07 pm to raw dog
I sold for some decent profit a few months ago when oil was at 52....
Why would you be holding it?
Why would you be holding it?
Posted on 11/18/16 at 7:54 pm to southernelite
I made a little bit of money on those this week swing trading.
Posted on 11/18/16 at 8:53 pm to Grits N Shrimp
quote:
best worst lesson i learned in "investing"
this
Posted on 11/18/16 at 10:52 pm to L S Usetheforce
Will the etf still track the cost of the underlying commodity until the point it's delisted? I currently have it in my portfolio at a small gain and wanted to hold it until the OPEC meeting at the end of the month with a short stop loss if they fail to come to an agreement.
Posted on 11/19/16 at 12:29 pm to TJG210
It will, but you risk liquidity issues from people trying to dump it late.
Posted on 11/20/16 at 7:45 am to TJG210
quote:
I currently have it in my portfolio
Seriously dude? Your "portfolio"?
This is a day trading note.
This post was edited on 11/20/16 at 7:47 am
Posted on 11/20/16 at 11:37 pm to TigerDeBaiter
Christ my account, happy?
Posted on 11/21/16 at 9:36 am to Grits N Shrimp
quote:
best worst lesson i learned in "investing"
Same here. Good thing it was a small enough amount that I went into it treating it as play money.
Would've been better off just burning half and buying lottery tickets with the rest.
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