ProShares Ultra Silver (AGQ)

[silvergun]

its pure manipulation but they are scaring some people out of their G & S especially silver which is so volatile. It went from over 40 down to 29.04 in 2 days. Fri was down 17%. Crazy. I see it as a buying opportunity but who knows maybe they will manipulate it down further - hard to call a bottom. Charts on silver dont look good now. Im thinking long term its a good bet.

I dont own AGQ but thinking about starting a position in this range - 110-120.