Ultra Shares - So easy to trade - Look ROM!

Discussion in 'Stocks' started by jackstone54, May 4, 2008.

  1. Im starting to enjoy trading ultra shares more and more. So easy to research...so easy in general. No worries about individual earnings calls or other news that might tank it.

    Look at ROM. Rounded bottom and its clear to me that this will go much higher...
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  2. low volume, no options.
    I pass.
  3. I watch the ultra shares quite often myself and I don't think it's going much higher from here. If I were to guess, I'd say a gap up tomorrow, and then fading back down. 71-72 will be around the peak and then back down to the 63-64 range over the next 2-4 days.
  4. S2007S


    Been trading these since 2006, they are becoming extremely popular, attracted about 17 billion dollars since becoming available....The ultras are great to invest in, another company is coming out with 3X ultra bull/bear etfs by the end of 2008, that should be just crazy.....

    I was about to grab some ROM around $55 but decided to hold off, maybe its time to by some REW.