Opinions
Richard Croft
Pro Share UlShrt Oil & Gas E.T.F.
DUG-N
HOLD
Mar 27, 2009
(Marked Call Minute.) Ultra short oil and gas.
$24.170
Stock price when the opinion was issued
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DON'T BUY
Pro Share Ultra Short Oil & Gas ETF. Leery of all leveraged ETF’s. Most investors believe they track the underlying asset with some fidelity. If oil/gas goes up or goes down the shares will follow. Not always the case because leverage distorts the way the units perform and you can get some very unpleasant surprises.
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