Open Question
Can anyone give me some insight on exactly what is happening/happened with DXO,
and how it will affect the shares I had invested in the ETN?
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The DXO is the PowerShares DB Crude Oil Dble Long ETN. It appears to have moved
up with the price of oil today. However, Deutsche Bank is liquidating the ETN,
possibly due to its size of its position in the oil futures market. I wouldn't
hang around; sell and find another oil ETN or ETF. See the liquidation article
at
http://finance.yahoo.com/news/What-Really-Happened-To-indexuniverse-346363615.ht
ml?x=0
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