Take FAZ roughly at $6.50. If it rises 40% today, it'll gain $2.60 which would put it at $9.10. I've seen FAZ rise 30% a day, but never as much as 40%. It may have happened though and I just didn't see it since I haven't played FAZ that long.
Of course, 50% rise would put FAZ at $9.75
75% rise, the max allowed per day, would put FAZ at $11.32
You are the typical faz bagholder hate to tell you You are looking in the rear view mirror This morning faz is up 16 cents on this $35b bailout news for bac How the hell is it going to rally $3 when it can't rally 25 cents on this news Longs have total command of this current market and not letting up I also am a frustrated bear but we wrong don't you get it The jig is up bears have been crushed