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VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI® Crude Oil Index ER New (DWT)

NYSE
Currency in USD
Disclaimer
37.00
0.00(0.00%)
Closed

DWT Comments

Can not sell my shares. Why?
what will payout price be?
As crude goes higher, DWT goes higher as well! What the ******they manipulate!
Get out now guys, this is going away
https://www.businesswire.com/news/home/20200319005840/en/Citigroup-Announces-Acceleration-Series-ETNs
what happen with WDT?
This is criminal! We need a class action law suit against Citigroup.
i lost $40k, seriously
Is today last day to sell?
April 3rd
Sorry, the space between the two links was eliminated again, causing them to run together.
Two articles regarding delisting of UWTI and DWTI in 2016: http://investwithanedge.com/danger-credit-suisse-to-delist-velocityshares-etns-without-liquidation   http://investwithanedge.com/bye-bye-to-uwti-and-dwti-3x-oil-plays
History Lesson:  Two articles regarding the "less investor-friendly" UWTI and DWTI delisting in 2016 by Credit Suisse:  http://investwithanedge.com/danger-credit-suisse-to-delist-velocityshares-etns-without-liquidation http://investwithanedge.com/bye-bye-to-uwti-and-dwti-3x-oil-plays
The less friendly closing of UWTI and DWTI in 2016 by Credit Suisse: http://investwithanedge.com/category/etf-closings Credit Suisse AG announced its intent to delist and suspend further issuance of the Velocity Shares 3x Inverse Crude Oil ETN (DWTI) and 3x Long Crude Oil ETN (UWTI) effective 12/8/16, becoming the largest closure in history.      However, the exchange-traded notes will not be called, redeemed, or liquidated. Therefore, it is imperative that owners of DWTI or UWTI sell their holdings by Dec. 8 to avoid trying to do so in the extremely illiquid over-the-counter market.
y65
y65
dwt should have been up 24 to 26% today. Based on info below, it makes sense.
sold all what I have yesterday lucky me but I put some money in UWT ... sigh
No why would you do that ?
Beware the final trading date will be on 31st March. It is gonna be delisted.
wow, do you know how Citi exchanges stocks to cash for those who hold their stocks after March 31?
 yeah but at what value. Judging by the prospectus it is at whatever market value is at the time... If value tanks, sure you will get cash but not as much as you expected.
https://www.businesswire.com/news/home/20200319005840/en/Citigroup-Announces-Acceleration
I didn’t trade dwt yesterday, oil was too low to short, dwt was to high to chase.
why is DWT down -64% or $18.11 and UWT is only up +$0.054 or +11%????? doesn't make sense. WTI is up +24% or +$5 and UWT is only up $0.054 or +11%????
that is ***rd up. with that kind of rate. I will never recover my loss
too close to be liquidated.how the mighty have fallen.
omg.. *****is this.
I don't think these etns were designed to handle this volatility. None of them are accurate
this etn really design to take retails money and those who don't understand!
the fact is no one could understand
wait this is green ? something really wrong today.
what made a sudden drop from 39 to 27. I bought at 28. though oil price dropped I made no profit. can anyone tell me,??
...
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