If you own positions in ProShares ETFs…Take heed…..

[Scott Pearcy]

#19434

https://www.proshares.com/news/proshares_announces_changes_to_etf_lineup_031220.html

[Sean Hyman]

#19437

Glad we don’t own any of them.

[Anonymous]

#19467

Wow, Scott, thanks for posting! I don’t own any of these shares either, but I have in the past.

[Scott Pearcy]

#19469

Me too

[JOY CHENNAULT]

#19522

Still hold ULE from UWR days. It was not ever profitable(minorly at times) but not a consideration for selling and to my understanding it was to work opposite of the dollar so have been holding. This is not the way I wanted to lessen one of my remaining 6 positions from UWR. Part of the process, can’t win them all. Hooray for those that ONLY have LI positions. Still looking forward to that day.

[Sean Hyman]

#19525

There’s no reason to sell the euro. The dollar stayed unusually strong. But that comes to an end at some point. And we could be at/near the dollar’s rise. The euro is very beaten down…deep value. It will return. It all goes in cycles.

[JOY CHENNAULT]

#19526

I have no intention of selling but is there the probability that Proshares will liquidate?

[Sean Hyman]

#19527

We’ll see. On one hand, it has low average daily volume, but on the other hand, it’s based on a major asset in the world. If the dollar’s top has just recently happened or if it happens soon, then that should cause a notable up-tick in ULE’s volume.

If they liquidate, you could always buy long-term call options (leaps, 2-years out) on FXE and ride it back up. That’s one possibility, IF they liquidated you at the bottom.

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