dire straights for existing holders who will be wiped out, just as ANV was and others yet to be announced rising on the edge of bk.
You are spot on. u.s. Gdp is going negative. qe by end of year with no rate hike in sight. government is losing the currency wars and is doing nothing about it because? why do they do anything the way they do? global re-distribution of wealth and they will sacrifice the u.s. Economy as a means to that end.
there is nothing here that hasn't been done hundreds of times already. to take from the poor and give to the rich is the new normal. anv just happens to be one of the first in a long line of what will be many.
when they say buy, sell, and when they say sell, buy. goldman has their reasons and it isn't because they are negative on afrezza. they can simply drive the stock lower and pick up more shares on the cheap, as there is always plenty of weak hands, as referenced by this board.
then another reverse split about the time gold kisses 850. 5:1.
it doesn't work that way. look closely at jnug and nugt to see where they are all going...to 0. gold is going below 900, so we will see, but don't expect any windfalls or big moves back to 60, as it will never happen. these 3x etfs were not designed to perform for anyone other than the issuer.