money not enough 24
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$Rigetti Computing (RGTI.US)$ what happened??
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
money not enough 24
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$D-Wave Quantum (QBTS.US)$ buy at 11 guys
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money not enough 24
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What will happen if FNGU is held but not sold?
If FNGU is not sold, here is the next process:
1. Forced redemption on May 15, 2025.
BMO will automatically redeem your FNGU ETN.
You will receive a cash payment, the amount of which depends on the average price of FNGU from May 2 to May 8, 2025.
This amount is called the Call Settlement Amount, which is calculated as the arithmetic average of the daily closing prices of FNGU over these 5 days.
2. Key Time Points
May 1, 2025 – BMO sends the official redemption notice.
From May 2 to May 8, 2025 – The average price of FNGU over these 5 days will determine your redemption amount.
May 14, 2025 – The last trading day for FNGU on the NYSE.
May 15, 2025 – FNGU will be delisted and redeemed for Cash.
Will there be a loss.
If FNGU has a higher price between May 2 and May 8, you might make a profit.
If the price of FNGU is lower during this period, you may incur losses, and the final Cash received will be less than your investment.
Risk is...
If FNGU is not sold, here is the next process:
1. Forced redemption on May 15, 2025.
BMO will automatically redeem your FNGU ETN.
You will receive a cash payment, the amount of which depends on the average price of FNGU from May 2 to May 8, 2025.
This amount is called the Call Settlement Amount, which is calculated as the arithmetic average of the daily closing prices of FNGU over these 5 days.
2. Key Time Points
May 1, 2025 – BMO sends the official redemption notice.
From May 2 to May 8, 2025 – The average price of FNGU over these 5 days will determine your redemption amount.
May 14, 2025 – The last trading day for FNGU on the NYSE.
May 15, 2025 – FNGU will be delisted and redeemed for Cash.
Will there be a loss.
If FNGU has a higher price between May 2 and May 8, you might make a profit.
If the price of FNGU is lower during this period, you may incur losses, and the final Cash received will be less than your investment.
Risk is...
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money not enough 24
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$MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$
1. FNGU is about to be delisted
The issuer Microsectors is executing BMO's decision to redeem all issued shares of FNGU.
As part of this process, FNGU will temporarily change its code to FNGA and then ultimately be delisted.
2. A new ETN (FNGB) has been launched, with higher fees.
FNGB will be issued as a new ETN and will continue to track the same FAANG Index.
The management fee and leverage costs of FNGB will be higher to enhance BMO's profitability.
3. Code conversion and forced liquidation.
By May 15, 2025, $BANK OF MONTREAL TRACKER ZERT 08/01/38(NYSE FANG& INDE) (FNGA.US)$ (originally FNGU) will be permanently delisted.
After FNGA is completely liquidated, FNGB will change its code back to FNGU, essentially replacing the original ETN.
Original long-term holders of FNGU will be forced to Sell (triggering capital gains tax) and will need to manually reinvest the funds into the new FNGB ETN.
If FNGU is Held, there will be a forced Sell of Hold Positions...
1. FNGU is about to be delisted
The issuer Microsectors is executing BMO's decision to redeem all issued shares of FNGU.
As part of this process, FNGU will temporarily change its code to FNGA and then ultimately be delisted.
2. A new ETN (FNGB) has been launched, with higher fees.
FNGB will be issued as a new ETN and will continue to track the same FAANG Index.
The management fee and leverage costs of FNGB will be higher to enhance BMO's profitability.
3. Code conversion and forced liquidation.
By May 15, 2025, $BANK OF MONTREAL TRACKER ZERT 08/01/38(NYSE FANG& INDE) (FNGA.US)$ (originally FNGU) will be permanently delisted.
After FNGA is completely liquidated, FNGB will change its code back to FNGU, essentially replacing the original ETN.
Original long-term holders of FNGU will be forced to Sell (triggering capital gains tax) and will need to manually reinvest the funds into the new FNGB ETN.
If FNGU is Held, there will be a forced Sell of Hold Positions...
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money not enough 24
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Market action shows a mixed performance, with NVIDIA (NVDA) leading losses, while Tesla (TSLA) and VIX are gaining as investors digest market volatility and sector rotations.
Key Market Moves:
• NVIDIA ( $NVIDIA (NVDA.US)$) ↓ 4.03% – Continues its sharp decline as post-earnings sentiment remains weak.
• Amazon ( $Amazon (AMZN.US)$) ↓ 1.21% – Under pressure, reflecting weak consumer demand concerns.
• Microsoft ( $Microsoft (MSFT.US)$) ↓ 0.39% – Slight decline but h...
Key Market Moves:
• NVIDIA ( $NVIDIA (NVDA.US)$) ↓ 4.03% – Continues its sharp decline as post-earnings sentiment remains weak.
• Amazon ( $Amazon (AMZN.US)$) ↓ 1.21% – Under pressure, reflecting weak consumer demand concerns.
• Microsoft ( $Microsoft (MSFT.US)$) ↓ 0.39% – Slight decline but h...
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