Replies to post #343 on Direxion Daily S&P Oil & Gas Exploration & Product (GUSH)

[pay streak]

Yes, they just had a rs a few months ago too and now another, but do you think oil has bottomed so possibly some recovery in these etf

[Emptyhead]

I would love to Load the Boat too ;)

[Sgreg]

A split is no concern here. Fear about a split when a company is engaged in toxic death spiral dilution and horrible toxic note deals or terrible financing deals is completely justified. However this is an ETF and there is no financing deals or death spiral dilution etc. A split here has only one purpose and that is to allow the stock to meet the price requirement to stay on an exchange.