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Stockchase Opinions

Larry Berman CFA, CMT, CTAUBS ETRACS 2xLvg Lng WF Busn Dev Co ETNBDCLCOMMENTOct 31, 2016

He has never heard of it before. It is a basket of financing companies that get into the equity space. It is two times leveraged. It is not good for long term holds. If you are right you can make a lot of money. It is an exchanged traded note. It means it is a securities issue and you should make sure you have no concerns with the issuer.

$16.92

Stock price when the opinion was issued

$2.44

As of Apr 01, 2020. Market Open.

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