Nikodemos
2 weeks ago
Eyeing that CHART & knowing the longer-term downtrend is breaking.... Question is how much channeling & sideways before this BREAKS OUT.... Could be VERY SOON with Trump incoming.
Tariffs & Tax Cuts could make this a BIG WINNER in 2026 & beyond as inflation SOARS.
Trump (& Co) did a GREAT JOB pinning inflation on Biden but I think people UNDERESTIMATE his Tax Policy, Record Corp profits, failure on Covid that created MASSIVE MONEY SUPPLY -- & set the course for SKYROCKETING DEBT with SPIKING INFLATION -- remember, Obama handed him ~1% stable inflation, less than 18months into Biden-Harris inflation SPIKED TO (gov't table) HIGH of 9.1% & has declined since... Hard to say that was Biden's FAULT & yet -- that's PRECISELY what Trump got THE WORLD to believe. I think it was him & his policies, just like the ECONOMY Trump inherited was due to Obama's policies, hard-work, execution & efforts.... Trump will mess this up... AGAIN! And I think SQQQ could do VERY WELL in the coming 2-6yrs as Trump DEVASTATES, grifts, & does what he does...
Interested NOT so much in the political commentary (responses) but price predictions if anyone has any... Where do folks think the BOTTOM is here... Guessing we'll see sometime around inauguration but...
Yukii
3 months ago
Sqqq is doing a reverse split 1:5. Never been in a etf that reversed split before. Any one can shine some light how this would look like thanks
Reverse Splits
ProShares will implement reverse splits for 19 ETFs at the following split ratios:
Ticker
ProShares ETF
Split Ratio
Old CUSIP
New CUSIP
SMN
ProShares UltraShort Materials
1:2
74347G614
74347G226
SSG
ProShares UltraShort Semiconductors
1:5
74349Y860
74349Y779
EFU
ProShares UltraShort MSCI EAFE
1:2
74348A475
74349Y738
EPV
ProShares UltraShort FTSE Europe
1:5
74348A434
74349Y720
SDP
ProShares UltraShort Utilities
1:2
74347G721
74347G218
SQQQ
ProShares UltraPro Short QQQ
1:5
74347G432
74347G192
BITI
ProShares Short Bitcoin ETF
1:5
74347G291
74347G184
ZSL
ProShares UltraShort Silver
1:4
74347Y847
74347Y722
DUG
ProShares UltraShort Energy
1:4
74347G358
74347G176
TWM
ProShares UltraShort Russell2000
1:5
74347G689
74347G168
SEF
ProShares Short Financials
1:4
74347B185
74349Y761
EWV
ProShares UltraShort MSCI Japan
1:4
74348A459
74349Y712
SKF
ProShares UltraShort Financials
1:4
74347G382
74347G150
SH
ProShares Short S&P500
1:4
74347B425
74349Y753
SRS
ProShares UltraShort Real Estate
1:4
74347G556
74347G143
BOIL
ProShares Ultra Bloomberg Natural Gas
1:5
74347Y763
74347Y748
EUM
ProShares Short MSCI Emerging Markets
1:2
74347R396
74349Y746
VIXY
ProShares VIX Short-Term Futures ETF
1:4
74347Y789
74347Y730
SDOW
ProShares UltraPro Short Dow30
1:4
74347G648
74347G135
All reverse splits will be effective prior to market open on November 7, 2024, when the funds will begin trading at their post-split prices. The ticker symbols for the funds will not change. All funds undergoing a reverse split will be issued new CUSIP numbers, listed above.
The reverse splits will increase the price per share of each fund, with a proportionate decrease in the number of shares outstanding. For example, for a one-for-five reverse split, every five pre-split shares will result in the receipt of one post-split share, which will be priced five times higher than the NAV of a pre-split share.