RE:RE:RE:RE:RE:This is not a long term playMost people here get it that laveraged ETFs lose their value over time. Problem here is that fund manager broke its underlying mechanics yesterday and a lot of people lost money because everybody thought this would be now trading for pennies, as it should. Then today, we have somebody making 2-3-4 posts per page how price should be $2.32+x, and making a firm argument how this has nowhere to go but up :)
Not sure if you're in a position to be educating people here how this ETF should be used.