With today good reports. Should it be shooting up like crazy?
After 6 months of accumulating (bought and held) nearly 350 Million shares, the stock is now distributing shares, almost 100 Million shares have been distributed (sold) in the last 10 trading days. Might have something to do with it.
I just got off the phone with Proshares. URE currently has 133 M shares outstanding. That about 16 M more shares on market. SRS is setting at 62.7 M shares outstanding.
The last time I talked to Proshares they said thier were 116 M.
options expire today. put's keepin' it down perhaps. maybe next week we will see some upwards movement. any thoughts???