LBDC - The Most Bullish Thing For A 2X Leveraged High-Yield ETN
Single Events That Can Boost the Returns From a Security
For most common stocks, the one-time event that holders love to see is when there is an offer to buy all or most of the shares at a price above the current market. This typically occurs when mergers or takeovers occur. For 2x leveraged High-Yield ETNs, such corporate actions do not occur, since ETNs are notes, not stocks. However, there have been one-time events which have given windfall-type boosts to the prices of some 2x leveraged High-Yield ETNs. These events were the result of ETN