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ProShares UltraShort Energy

ProShares UltraShort Energy (DUG)

32.68
-0.20
( -0.61% )
Updated: 10:36:05

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
32.68
Bid
-
Ask
-
Volume
6,822
32.51 Day's Range 32.89
8.305 52 Week Range 36.06
Previous Close
32.88
Open
32.88
Last Trade
1
@
32.67
Last Trade Time
10:34:14
Average Volume (3m)
254,934
Financial Volume
US$ 222,653
VWAP
32.6375

DUG Latest News

ProShares Launches First German Sovereign/Sub-Sovereign Bond ETF

ProShares, the country’s fourth most successful exchange traded fund (ETF) company,1 today announced the launch of ProShares German Sovereign/Sub-Sovereign ETF (NYSE: GGOV), the...

Notice to Investors of Class Action Filed by Gilman and Pastor LLP Against ProShares UltraShort Oil and Gas Fund (AMEX: DUG) and

BONITA SPRINGS, FL -- (Marketwire) -- 10/27/09 -- Gilman and Pastor LLP filed two class action lawsuits on October 23, 2009 in the United States District Court for the Southern District of New...

Gilman and Pastor LLP Announces That 6 Days Remain for Investors to File Certifications to Serve as Lead Plaintiff in the ProSha

BOSTON, MA and BONITA SPRINGS, FL -- (Marketwire) -- 09/29/09 -- Gilman and Pastor LLP filed a class action lawsuit on September 21, 2009 in the United States District Court for the District of...

Gilman and Pastor LLP Files Class Action Lawsuit on Behalf of Purchasers of Multiple ProShares Ultra and UltraShort Funds

BOSTON, MA -- (Marketwire) -- 09/23/09 -- Gilman and Pastor LLP filed a class action lawsuit on September 21, 2009 in the United States District Court for the District of Maryland, on behalf of...

American Stock Exchange to Trade Options on Three ProShares Exchange Traded Funds

NEW YORK, Nov. 2 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Monday, November 5, 2007 on the following Amex-listed ProShares exchange traded...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-2.09-6.0109289617534.7734.799932.412579733.78724922SP
423.17243.6382754999.5136.068.69528179512.55784156SP
1222.88233.4693877559.836.068.69525493410.83722113SP
2623.32249.1452991459.3636.068.69522815510.34511858SP
5220.45167.21177432512.2336.068.30520229110.54685372SP
15622.92234.8360655749.7639.56.9728582514.03374076SP
260-9.09-21.762030165241.77184.956.9725696516.91347958SP

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DUG Discussion

View Posts
whytestocks whytestocks 4 years ago
BREAKING NEWS: $DUG Proshares Ultrashort Oil & Gas $DUG Trading Report

The Proshares Ultrashort Oil & Gas (NYSE: DUG) update and the technical summary table below can help you manage risk and optimize returns. Here we provide day, swing, and longer-term trading plans for DUG, and we cover 1000 other stocks too. This is a snapshot, it was real-time when...

Got this from DUG - Proshares Ultrashort Oil & Gas $DUG Trading Report
👍️0
stocktrademan stocktrademan 9 years ago
$DUG recent news/filings

bullish 63.5
inverted head and shoulders
moving average breakout

## source: finance.yahoo.com

Thu, 03 Dec 2015 20:14:47 GMT ~ Why the Euro Was Able to Bounce Back from Losses


read full: http://finance.yahoo.com/news/why-euro-able-bounce-back-201447431.html
*********************************************************

Wed, 02 Dec 2015 19:52:28 GMT ~ Euro Exhibited Gains on Strong Domestic Data on December 1


read full: http://finance.yahoo.com/news/euro-exhibited-gains-strong-domestic-195228430.html
*********************************************************

Wed, 02 Dec 2015 16:59:04 GMT ~ Notable option activity in equities


read full: http://finance.yahoo.com/news/notable-option-activity-equities-165904380.html
*********************************************************

Sun, 29 Nov 2015 23:14:15 GMT ~ Cidara Therapeutics Inc (CDTX): Are Hedge Funds Right About This Stock?


read full: http://www.insidermonkey.com/blog/cidara-therapeutics-inc-cdtx-are-hedge-funds-right-about-this-stock-394033/
*********************************************************

Tue, 24 Nov 2015 16:55:20 GMT ~ How Do Hedge Funds Feel About ProShares UltraShort Nasdaq Biotech (BIS)?


read full: http://www.insidermonkey.com/blog/how-do-hedge-funds-feel-about-proshares-ultrashort-nasdaq-biotech-bis-386512/
*********************************************************

$DUG charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$DUG company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/DUG/company-info
Ticker: $DUG
OTC Market Place: Not Available
CIK code: 0001409741
Company name: ProShares Trust
Incorporated In: DE, USA

Business Description:

$DUG share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$DUG extra dd links

Company name: ProShares Trust
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/DUG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/DUG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=DUG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=DUG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=DUG+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/news - http://finance.yahoo.com/q/h?s=DUG+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/DUG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/DUG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/DUG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/DUG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=DUG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/DUG
DTCC (dtcc.com): http://search2.dtcc.com/?q=ProShares+Trust&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=ProShares+Trust
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=ProShares+Trust&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/DUG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/DUG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/DUG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/DUG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/DUG/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001409741&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/DUG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/DUG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=DUG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=DUG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=DUG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=DUG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=DUG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=DUG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=DUG+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/DUG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=DUG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/DUG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=DUG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/DUG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/DUG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/DUG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/DUG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/DUG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/DUG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=DUG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=DUG



$DUG DD Notes ~ http://www.ddnotesmaker.com/DUG
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Timothy Smith Timothy Smith 9 years ago
EIA Petroleum Inventories:
• Crude -5.5M barrels vs. +1M consensus, +2.6M last week.
• Gasoline +1.7M barrels vs. -1.1M consensus, -2.7M last week.
• Distillates +1.4M barrels  vs. +1.1M consensus, +0.6M last week.
• Futures +0.25% to $39.11
👍️0
stocktrademan stocktrademan 10 years ago
$DUG DD Notes ~ http://www.ddnotesmaker.com/DUG

bullish

$DUG recent news/filings

## source: finance.yahoo.com

Sun, 30 Nov 2014 13:00:26 GMT ~ Some of the Best Leveraged ETFs are Getting No Love

[ETF Trends] - Over the years, traders and investors have heard a lot about leveraged exchange traded funds, most of it bad. There has been much commentary regarding the disadvantages of daily rebalancing that often ...

read full: http://finance.yahoo.com/news/best-leveraged-etfs-getting-no-130026995.html
*********************************************************

Sat, 29 Nov 2014 13:00:56 GMT ~ Traders Pass on Bearish Oil ETFs as Sector Tumbles

[ETF Trends] - Once this year’s top-performing sector in the S&P 500, energy continued cementing its status as the lone group in the benchmark U.S. index to reside in the red for the year when energy stocks and equity-based ...

read full: http://finance.yahoo.com/news/traders-pass-bearish-oil-etfs-130056672.html
*********************************************************

Tue, 04 Nov 2014 20:32:40 GMT ~ Inverse ETF Ideas to Capitalize on Falling Oil Prices


read full: http://finance.yahoo.com/news/inverse-etf-ideas-capitalize-falling-203240107.html
*********************************************************

Thu, 21 Aug 2014 13:00:00 GMT ~ ProShares Launches MSCI EAFE Dividend Growers ETF (EFAD)

[Business Wire] - ProShares, a premier provider of alternative ETFs, today launched the ProShares MSCI EAFE Dividend Growers ETF , the first ETF that invests in the companies in the MSCI EAFE Index with the best track record of consistent year-over-year dividend growth.

read full: http://finance.yahoo.com/news/proshares-launches-msci-eafe-dividend-130000717.html
*********************************************************

Wed, 20 Aug 2014 18:44:00 GMT ~ Here Comes Cheaper Oil: Why Prices Are Set to Fall


read full: http://www.forbes.com/sites/thomaslandstreet/2014/08/20/here-comes-cheaper-oil-why-prices-are-set-to-fall/?partner=yahootix
*********************************************************


$DUG charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$DUG company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/DUG/company-info
Ticker: $DUG
OTC Market Place: Not Available
CIK code: 0001409741
Company name: ProShares Trust
Incorporated In: DE, USA

Business Description:


$DUG share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$DUG extra dd links

Company name: ProShares Trust
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/DUG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/DUG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=DUG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=DUG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=DUG+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/news - http://finance.yahoo.com/q/h?s=DUG+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/DUG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/DUG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/DUG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/DUG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/DUG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=DUG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/DUG
DTCC (dtcc.com): http://search2.dtcc.com/?q=ProShares+Trust&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=ProShares+Trust
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=ProShares+Trust&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/DUG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/DUG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/DUG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/DUG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/DUG/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001409741&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/DUG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/DUG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=DUG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=DUG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=DUG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=DUG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=DUG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=DUG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=DUG+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/DUG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=DUG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/DUG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=DUG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/DUG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/DUG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/DUG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/DUG/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/DUG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/DUG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/DUG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=DUG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=DUG



$DUG DD Notes ~ http://www.ddnotesmaker.com/DUG
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buyittradeit buyittradeit 13 years ago
cool thanks.
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Penny Roger$ Penny Roger$ 13 years ago
This one looks real imo. The other short ETF's are freaking me out and possible bear traps. ~ $DUG ~ Possibly going long scan results (Daily and Weekly) for for the week of March 1st 2012 - Daily and Weekly views.

Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> DUG <---
Keyword: MACDscan ----> http://tinyurl.com/MACDscan
👍️0
Penny Roger$ Penny Roger$ 13 years ago
I have seen a few ETF's that look great and a few not so much. Perhaps this would have flat bottoms if there was no dilution.
👍️0
buyittradeit buyittradeit 13 years ago
watching
👍️0
Penny Roger$ Penny Roger$ 13 years ago
~ $DUG ~ Mixed scan results (Daily and Weekly) for for the week of Feb 13th 2012 - Daily and Weekly views.

Chart results for you to ponder with me.. These are technical scans only, Click next or previous at the top of the page to see my others. Twitter: @MACDgyver ---> DUG <---
Keywprd: MACDscan ----> http://tinyurl.com/MACDscan
👍️0
buyittradeit buyittradeit 13 years ago
I believe I should have held longer judging from today's action lol.
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Soapy Bubbles Soapy Bubbles 13 years ago
I've always liked it for trade. Never could get long on it -- just can't do it. lol.
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buyittradeit buyittradeit 13 years ago
Out Dug now. But it does appear to want to go higher..
👍️0
Double-Down Double-Down 14 years ago
If it breaks below $100... lookout
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Fastmandoo Fastmandoo 14 years ago
Nice Gains today!!
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Soapy Bubbles Soapy Bubbles 14 years ago
Whee :)
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Double-Down Double-Down 14 years ago
Anyone?
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Double-Down Double-Down 14 years ago
Anyone?
👍️0
Double-Down Double-Down 14 years ago
Anyone?
👍️0
OilStockReport OilStockReport 14 years ago


It is frustrating I must say that when they ETF's are supposed to be in sync with the underlying market or sector and they don't.
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onarun onarun 15 years ago
/buy dug NOW
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scstocks scstocks 15 years ago
ProShares UltraShort Oil and Gas Fund (Symbol: DUG) Class Action

http://ih.advfn.com/p.php?pid=nmona&article=39700324&symbol=DUG

Filed by Bernstein Liebhard LLP
Date : 09/30/2009 @ 3:31PM
Source : MarketWire
Stock : Bernstein Liebhard LLP (DUG)

Quote : 14.51 0.15 (1.04%) @ 4:29PM


ProShares UltraShort Oil and Gas Fund (Symbol: DUG) Class Action Filed by Bernstein Liebhard LLP





NEW YORK, NY -- (Marketwire) -- 09/30/09 -- Bernstein Liebhard LLP filed a class action lawsuit on September 30, 2009 in the United States District Court for the Southern District of New York, on behalf of all persons who purchased or otherwise acquired shares in the UltraShort Oil and Gas fund (the "DUG Fund") (NYSE: DUG), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information (collectively, the "Registration Statement") issued in connection with shares of the DUG Fund (the "Class"). The Class is seeking to pursue remedies under Sections 11 and 15 of the Securities Act of 1933 (the "Securities Act").





The complaint names ProShares, ProShare Advisors LLC, SEI Investments Distribution Co., Michael L. Sapir, Louis M. Mayberg, Russell S. Reynolds, III, Michael Wachs, and Simon D. Collier, as defendants (collectively, "Defendants"). ProShares sells its Ultra and UltraShort ETFs as "simple" directional plays. As marketed by ProShares, Ultra ETFs are designed to go up when markets go up; UltraShort ETFs are designed to go up when markets go down. The DUG Fund is one of ProShares' UltraShort ETFs. The DUG Fund seeks investment results that correspond to twice the inverse (-200%) daily performance of the Dow Jones U.S. Oil and Gas Index ("DJOGI").

Accordingly, the DUG Fund is supposed to deliver double the inverse return of the DJOGI, which fell approximately 37 percent from January 2, 2008 through December 31, 2008, ostensibly creating a profit for investors who anticipated a decline in the U.S. Oil and Gas market. In other words, the DUG Fund should have appreciated by over 74 percent during this period.

However, the DUG Fund fell approximately 30 percent during this period.




The complaint alleges the Defendants violated the Securities Act by failing to disclose the following risks, inter alia, in the Registration Statement: (1) if DUG Fund shares were held for a time period longer than one day, the likelihood of catastrophic losses was huge; and (2) the extent to which performance of the DUG Fund would inevitably diverge from the performance of the DJOGI -- i.e., the overwhelming probability, if not certainty, of spectacular divergence.




Plaintiff in the DUG Action seeks to recover damages on behalf of all Class members who purchased or otherwise acquired shares of ProShares DUG. If you purchased or otherwise acquired ProShares DUG shares, and either lost money on the transaction or still hold the shares, you may wish to join in the action to serve as lead plaintiff. In order to do so, you must meet certain requirements set forth in the applicable law and file appropriate papers no later than November 23, 2009.




A "lead plaintiff" is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as lead plaintiff. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Bernstein Liebhard LLP, or other counsel of your choice, to serve as your counsel in this action.




If you purchased or otherwise acquired shares in the DUG Fund or any ProShares leveraged funds, and either lost money on the transaction or still hold the shares, please contact Christian Siebott or Joseph R.

Seidman, Jr. at (877) 779-1414.




Bernstein Liebhard has pursued hundreds of securities and consumer cases and recovered approximately $2 billion for its clients. It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last six years.




Bernstein Liebhard has also filed cases concerning the SRS and SKF funds.

You can view a copy of the DUG, SKF, or SRS complaints online at http://www.bernlieb.com, or obtain them from the court.





Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com




ATTORNEY ADVERTISING. © 2009 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.


Contact Information

Christian Siebott

Joseph R. Seidman, Jr.

Bernstein Liebhard LLP

http://www.bernlieb.com

(212) 799-1414


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xjivejx xjivejx 15 years ago
CLAY - any suggestions?
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rrufff rrufff 15 years ago
Because of the math and administrative methodology, I don't know if this should be used by anyone other than a day trader or by option players to capture risk. Underlying energy stocks in its portfolio index are nowhere near all time highs. Yet, this has come down from 70's to 15 area over the past year. Not a good way to play energy IMO. That's typical though of the short and leveraged ETF's.
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surf1944 surf1944 15 years ago
May be time to buy back some DUG as it nears it's all time low............
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olroy olroy 16 years ago
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BradL45 BradL45 16 years ago
I agree, we might be on top of a small bubble.

My energy ETF (and ETN) play now revolves around, DXO(largest $$ wise) DIG/DUG, and a smaller amount of ERY for arbitrage with DXO in the Roth accounts. DXO, DIG and DUG have nice liquidity, with ERX and ERY still lagging in the 2mil range daily.

Overall I'm heavier in the bullish stocks, but traded lots of shares in all of them. DXO, I'm on free shares, and have added 10% to them in the past 2 days. We will see if this week if I can sell off some ERY and DUG for greater than 10% :) I tend to sell 10% moves north, DXO, DIG, and ERX have been SCREAMING, and I think they will cycle.

I waiting to see if the DJIA can bounce out of the 8-9000 channel, if so Oil might leap ahead more, but I'm thinking we will see more volatility this month due to the Obama factor. Jan. could turn out to be a good traders month as I will trade to more free shares of all my Oil stocks.

DIG and DUG rock!!!!!!!!!!!, I'm ready for some DUG action in the coming days.

GL

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moores2009 moores2009 16 years ago
time to dig some dug, sto is below 20, price is sitting right on lower bolly, at support, time to buy!
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BradL45 BradL45 16 years ago
Moving some DIG into DUG
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bxb bxb 16 years ago
Oil in a Week (Decision to Cut Output & OPEC)

Walid Khadduri
Al-Hayat - 27/10/08/

http://english.daralhayat.com/business/10-2008/Article-20081027-3e34c4c8-c0a8-10ed-011c-4d165d73bb57/story.html


The decision to reschedule OPEC's extraordinary ministerial meeting from November 18 to October 24 was the toughest for the organization these days. The date signaled for markets that OPEC does not believe there is an urgent need that justifies holding an immediate extraordinary meeting at a time when prices are falling on a daily basis.

The extraordinary meeting was held just days before the American presidential elections and in concurrence with a major financial crisis hitting American and international markets. This places OPEC's decision under the microscope and presents it as an opportunity for politicians and pundits in industrial nations who wish to talk about the lack of cooperation on the side of oil-producing nations with the difficult resolutions made by industrial countries to stabilize the financial system. Criticism of OPEC is likely to increase as a result of the decision by the ministerial meeting to cut output, especially at this phase when industrial nations consider falling oil prices to be the only positive indicator of possible global economic stability following the US subprime mortgage crisis and the ensuing massive losses.

What exactly does OPEC's decision to cut output mean?
OPEC has long adopted a policy of balancing demand and supply in international oil markets. Since a significant drop has been noted in demand over the past few months, the organization wanted to ensure the equilibrium by cutting supply in a manner that corresponds with the decline in demand. The problem is that there is a variation in the figures and forecasts about the decline in demand published by the International Energy Agency and OPEC. In fact, the published numbers vary from one country to another within OPEC itself.

Naturally, there are those who point to the rapid decline of prices since August. Just as the price increase in the first half of 2008 was rapid and spectacular, so seems to be the case of decline now. If this means anything, it implies that the oil pricing system decided in free markets in New York and London on the basis of future prices of oil while severely lacking transparency as a result of speculations and monopolies, requires numerous reforms and control systems like the rest of the international money system or else there will be no end for this vicious cycle of rapidly rising prices followed by a rapid bust.
Some of the tough questions discussed by the ministerial meeting were: how deep should be the output cut? What is the objective of the cut? Is it to balance demand and supply, to cut falling prices, to attempt to stabilize prices within the range of $70 to $90, or returning them to $100 and above as demanded by Iran and Venezuela, even if such a proposal enjoyed no support from any other states?

It is noted that there exists an oil cycle of approximately ten years for the meltdown of prices in the recent past, even when causes varied in each case. The collapse of prices in 1986 was caused by the increasing supply from outside OPEC whereas the second collapse in 1998 was caused by the Asian economic crisis and the decline in demand there at a time when OPEC increased output (the Jakarta resolution of 1997). The current price meltdown, on the other hand, is caused by the decline in demand as a result of the rapid and massive increase in prices during the first two half of the year in addition to the declining demand as a result of the global financial crisis and the lack of confidence in the proposed economic solutions.

The question here is: how does OPEC evaluate the current global economic crisis. Should it focus on its ability to inject trillions of dollars to stop the global financial meltdown, especially as it appears that the upward and downward fluctuations in the markets over the past few days seem to fall within treatable levels, or should it consider this a historic meltdown and deal with it accordingly?

The problem facing OPEC right now lies in the fact that two basic factors are pushing prices downwards: the first is the consumer response to cut demand as a result of high prices in recent months; the second is the declining rates of oil spending and consumption as a result of the global financial crisis. These factors require that OPEC cut supplies to establish balance between demand and supply, but doubts lurk about the ability of the organization to end the trend of falling prices with a single resolution in such a gloomy economic environment.
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BradL45 BradL45 16 years ago
DUG hitting HOD, selling shares every $0.57 move :)
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surf1944 surf1944 16 years ago
There is always a move to the downside, as big or larger than the move to the upside. Anal-Lists now saying $50 oil, the Goldman guys no longer at $200, at least in our life time.

surf
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BradL45 BradL45 16 years ago
Moving past the $45 mark :)
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BradL45 BradL45 16 years ago
Banner AM for DUG, and more news out to fuel the fire, truckers need less fuel. Selling every 1%.
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scstocks scstocks 16 years ago
Today's price must have been already priced in from last week as oil is up 5+ and dug is up. Dig is up, but only marginally.

I think everbody is on edge about which way we are headed, longer term.

Take Care.
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frenchee frenchee 16 years ago
most likely up
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littlefeets littlefeets 16 years ago
No Frenchee, I was in.

I had my shares while Oil dropped from around $133.00 to $101.00. I don't really have a clue as to where the price of oil is going in the next few months. How about you?

Nick
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frenchee frenchee 16 years ago
You into DIG yet?
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littlefeets littlefeets 16 years ago
DUG was a good play for me.

Where do we go from here?
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frenchee frenchee 16 years ago
Finally found someone with bigger charts then me...lol...
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Stock Stock 16 years ago
DUG 2 charts



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surf1944 surf1944 16 years ago
May see a panic to the downside in oil prices. Too many bulls have been buying this pull back and for now most of the news should be bearish for oil. Still looking for DUG to move to Jan 08 highs of 50+.

surf
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frenchee frenchee 16 years ago
Looks like the tide is starting to swing back to DIG.



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stocksurgeon stocksurgeon 16 years ago
Im doing some DD here and im liking what i see so far.. How much farther do you guys think this bad boy is going to run?
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surf1944 surf1944 16 years ago
Oil prices continue to break down, breaks $122 and next stop $110.
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littlefeets littlefeets 16 years ago
Hello Gang, I am coming in to join the party!

That you to all who have posted the charts and shared the D.D.

Nick
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GREEEEN_go GREEEEN_go 16 years ago
>>Up $7 per share since buying in on Monday!

Greeen ... GO!
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GREEEEN_go GREEEEN_go 16 years ago
>>Are we making money yet?? Made another 6% today as Oil may continue to drop!
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rayrohn rayrohn 16 years ago
actually DUG does not track the price of OIL but it tracks the OIL and GAS companies

http://www.proshares.com/funds/dug.html?Index

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GREEEEN_go GREEEEN_go 16 years ago
ETFs are the way to go ... I made a fair amount the past couple of days! I sat next to a broker on the plane and recommended this to me!
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GREEEEN_go GREEEEN_go 16 years ago
Will be interesting to see what happens after summer ... plan on making $$ here!
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