$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US...
$Direxion Daily 20+ Year Treasury Bull 3X Shares ETF(TMF.US$ How is the reverse split expected to affect this etf?
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Ultratech : ugh I knew they'd do that. makes it so you don't see as much gains
WorkingApe : Probably short interest squeeze, due to 400% interest and elimination of 90% of shares.
Ultratech WorkingApe: if it splits tlt and tltw or bnd may be better alternative for long term hold.
WorkingApe Ultratech: Reverse split not regular split, so 10 shares become 1. No value lost less share available for MM to short. Therefore squeeze potential is huge since 400% shorted.
Ultratech WorkingApe: what squeeze? lol there's no short squeezing the bond market.