**** UVXY Will do a 1 for 10 Backwards Reverse Split ****
Creating a $60.00ish 2x Volatility Style product with Stock
The 40x should just go to 4x from $6.00 to $60.00
I have also viewed times when there was a split that will run a double chain,
some at 6 (1/10) with an alternative chain at 60
The volume should begin to dry up on the 6's. If this is the case, its prudent to always be in the more
liquid chain, and makes underlying stock hedging cleaner.
*****EFFECTIVE JUNE 10TH 2013*****
The 40x should just go to 4x from $6.00 to $60.00
I have also viewed times when there was a split that will run a double chain,
some at 6 (1/10) with an alternative chain at 60
The volume should begin to dry up on the 6's. If this is the case, its prudent to always be in the more
liquid chain, and makes underlying stock hedging cleaner.
*****EFFECTIVE JUNE 10TH 2013*****
