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Started By
Message
re: BOIL has become predictable
Posted on 4/30/15 at 10:33 pm to Bucktail1
Posted on 4/30/15 at 10:33 pm to Bucktail1
It is a likely candidate for a reverse split, possibly at 1:10, which would bring the price into the 20s.
At some point in the next year or two, it will go back down to 2 from there, and the process will repeat itself.
UGAZ, or any 3x leveraged ETF, may be one of the worst possible investments you will find for a beginner, and this is coming form someone who has owned it off and on in the last few years.
At some point in the next year or two, it will go back down to 2 from there, and the process will repeat itself.
quote:
Thanks and remember, I'm still learning!
UGAZ, or any 3x leveraged ETF, may be one of the worst possible investments you will find for a beginner, and this is coming form someone who has owned it off and on in the last few years.
3
Posted on 5/1/15 at 6:39 am to slackster
Ok, that explains a lot! Thanks for helping me learn!
Posted on 5/1/15 at 9:24 am to slackster
What about long, long term i.e. IRA? Chance it will eventually scoot way back up?
Also, UGAZ vs UWTI?
Thanks.
Also, UGAZ vs UWTI?
Thanks.
This post was edited on 5/1/15 at 9:25 am
Posted on 5/1/15 at 9:57 am to slackster
Can an ETN split or reverse split?
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