Re: The problem with leveraged ETF's...
Originally Posted by
etftalk
Pretty good day
I'm not sure I have ever seen a reputable traded equity vehicle do a 10 to 1 reverse split. Looks funny. I've seen a few dogs (bad stocks) do it, but not one with this volume.
I had no idea this was comming down the pike. I wonder how many folks are getting ripped off because now they can't afford to build their position?
Maybe they are trying to get rid of all the bottom feeders driving the stock down?
Candlestick crack addict...