Is MacroShares Ready For Primetime?

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.

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MAS

Critical MAS is the blog for Michael Allen Smith of Seattle, Washington. My interests include traditional food, fitness, economics, and web development.