Dow 11,000 Faz at $0.00

Discussion in 'ETFs' started by bat1, May 26, 2009.

  1. bat1


    Faz is at 5 bucks with a dow around 8400

    the way it tanks can it go to $0.00

    or will the fund Mgr pump money into it?
  2. Should we sue?
  3. S2007S


    You haven't a clue how these work, the dow can go to 11,000 and FAZ will still be trading above 0.00.

    I have no idea where people come up with these thoughts. Its simple math, only way FAZ goes to 0 is if in a SINGLE DAY the financial index or the RIFIN.X moves higher by 33%+, the chances of that happening are 0.000000000000000000001% so until then even if the dow goes to 11,000 FAZ will still be trading.
  4. They don´t reach 0 even if the market goes up/down 33% in a day. Direxion has a limit.
  5. vikasd


    They could do a reverse split on both FAz/s