ProShares Ultra Real Estate Message Board
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5-1 reverse split coming on 4-15
50$ share?
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Wow what makes you think that this is going to happen. Any thoughts into this would be great. Iam new to this market game and would like any helpful hints
- 1 Reply to jsm1727
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only difference is mental and marginability or the case of dislisting which doesn't apply here. makes no difference in the stock price.
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45-50
Why though?
This will slow us down for sure.- 3 Replies to aw_19470
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reverse split may actually be beneficia. Due to the low stock price, the transactional costs to trade this stock were too high. The reverse split will lower the transation costs.
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Why would this slow us down? URE moves aprroximately 2x the Dow Jones US Real Estate Index. A 3% move is a 3% move, no matter what the share price is. Just remember that these ETFs simply deal with percentages...nothing else.
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That's a question for proshares
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