I think that $5.00 per share is when they reverse split. Recently this is what happened to the natty gas ETF (same company). Lower than $5.00 they will get de-listed. Has SPXU done a reverse split in the past?
I think BofE hinting as well as ECB ending QE is the start. Bernanke can't go into qe3 because of rising cost of energy. He can put lipstick on the pig of cpi all he wants but inflation will start to get away from him. GL