sit till after labor day. all the dividends will be paid and stock holders will run. Stimuless aint working all stock holders are holding only because they refuse to conceed to the unthinkable. Hold and you will see40 bucks after labor day. And that is my before the split call
Before R/S from 5.40 to 40. (40-5.40)/5.40then x 100%=640% linearly means ^rifin, ^rui, spx has to shrink 230% from here which is impossible. They can only shrink 99.99%. Please educate me! Lets be more reasonable: spx corrects to touch 450. 50% cut FAZ moves up 200%. 5.40 + 200%=5.4+2x5.4= roughly 15.
I have about 10,000 shares at an average buy in of around 7. I am down about $15,000 of house money (previous good trades). I believe FAZ will move up to at least $10.00 per share pre-RS ($100.00 after RS). It may take til Sept or Oct but there are too many reasons for this puppy to run up even higher.