The company MacroShares offers two ETFs where you can bet on the direction of the price of oil. Back in January I posted My Drudge Report Oil Short Investment Tip. Using that information I was able to use the MacroShares DCR ticker to make a few thousand dollars on quick trades.
Yesterday I received tax information in the mail from MacroShares. Yesterday was April 3rd. My taxes were finished and sent in weeks ago. What kind of a financial outfit waits until April before sending out customer tax forms? Not one I’ll be using anytime soon.
UPDATE: MacroShares Terminated. Called that one.