Replies to post #13120 on Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

Of course it will go that low. Ultimately, it has to. It is a mathematical certainty.

While there may be a reverse split before FAZ reaches that level, it will eventually get there after correcting for the R/S. Neither FAZ or FAS are an appropriate investment based upon what you think may, or may not, happen with the macro-ecomony.

It doesn't matter if you are a bull or a bear, both FAZ and FAS ultimately must lose value over time.

[Crazy Money]

I am a FAZ Basher since $1,000+ (lol) $5 will be nice :-)

[Crazy Money]

FAZ down to $8.26 currently ;-)