At Tuesday's market open, it traded around $20, another 40% loss and top of 2020's already steep losses.Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. The 1-25 reverse split … It's all an accounting procedure. There are no huge gains to be had here.Catherina previously worked as a journalist for several local newspapers until she realized the potential of internet for news reporting. There are no huge gains to be had here.Market volatility has been relatively modest and steady lately, but that could be about to change.Na bro we screwed.. lol damn leveraged investmentsWhile reverse splits, in a vacuum, are nothing more than an accounting adjustment, in reality, they're an indication of a fund issuer trying to save a flailing product. The reverse stock split will become effective before the market open on April 21, 2020. This is to show you what exists and not recommend any action, you should use your brain and think hard about the potential downside and how high the expense ratio is on these instruments. There are no huge gains to be had here.The fund is executing a 1:25 reverse split in order to get in front of any potential regulatory issues from the share price dropping too low. The problem is that share price is being hammered, now trading at just above $17 per share. UCO's 4th split took place on April 21, 2020. There are no huge gains to be had here. .... cut bate?It's been all about growth lately in the equity markets, but that may be starting to change.The current environment supports a continued rally in silver, but there are a few headwinds to consider here.Gold prices have been rising swiftly throughout 2020 and are nearing never-before-seen levels.I've never invested in a leveraged ETF any advertisers mind helping me outIn fact, UCO is about to get hammered again. Before the 2020 April reverse split of UCO Proshare, I hold 39797 shares of UCO with an average cost of 1.4282 USD/share. All reverse splits will be effective prior to market open on April 21, 2020, when the funds will begin trading at their post-split price. The problem is that share price is being hammered, now trading at just above $17 per share. She joined the team as a contributor which provided her a platform to dedicate her experience and knowledge for a wider range of audience. UCO's unleveraged counterpart, the … Leveraged products are especially dangerous and can end up a total loss in just a matter of days in the wrong conditions.so for the dumbass newbies that bought UCO last night .... is there any hope for recovering the lost 40% at opening today?
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