I did the same thing, bought some FAS a couple days ago in my IRA. The thing is, if you can get in at the bottom, then it really could do 3X...
Yeah, I'm seeing a lot of "uncharted territory" posts.
Want to know when I should buy FAZ. :D
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWCVnODJ3GPA&refer=home
This past week has been a "stress test" of sorts. Looks like they both failed with flying colors.
I agree with you there, but is it your opinion that the C and BAC shareholders will be wiped out?
But failure is not exactly the same as nationalization. Or do you think C won't even be nationalized? What about BAC?
Separate names with a comma.