Sunday, November 13, 2016 12:40:02 PM
This fund tries to keep daily volume high, so adjusts share price to keep traders interested. Last forward split happened at 30s this Summer. The next one can happen next January. Anyway, it's not a pinky, where one can always expect that market capitalization will go down to zero eventually. This fund is a technical tool for daytraders as it clearly described in ETF prospects. Just read posts on this board: the same people buy and sell daily. Any long term bet should include hedges or speculative option bets. (IMO) I personally can not watch it 24/7, so I hold small position protected by covered calls. If calls expire worthless I sell new set. Still risky, but, at least, I can sleep well.
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