Direxion Daily Financial Bear 3X Shares (FAZ)

[FinancialAdvisor]

GM will file BK and it will affect the market, look for interest rates to continue to rise as more bad debt comes to the surface.

See chart below, bankruptcy is imminent, they are milking this pig day in and day out with daily pumps to create volatility and suck in daytraders, but anyone holding it long is asking to get burned.

Chart is the chance that bankruptcy will happen to GM and right now it's trading over 95%:



here's the link since for some reason the chart isn't appearing: http://data.intrade.com/graphing/jsp/closingPricesForm.jsp?tradeURL=https://www.intrade.com&contractId=670735