and they all end up in the trash can.Wake up people...this will be back in the teens by september.
Excuse me... Ulta Etf.The rest of the post is correct...this will end up decayed away to nothing.
You are still an idiot..why would decay away? Have you looked at QLD etc - they are almost back to their all-time high. There is no reason for UYM alone to decay away besides it has just been recommended by top mutual fund managers
only reason it got as high as 50's is because the market practically went up everyday for almost 2 years.Watch how fast the decay starts to eat this alive + plus some big down days coming.
You are an idiot. UYM is not an inverse ETF.