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Dear mooers, Sarge is back again to our live-streaming event. This time, we will talk about economic indicators – Consumer Price Index, Producer Price Index and others – along with a few other fundamental measures Wall Street uses to assess the macroeconomic situation.
Many investors are familiar with inflation indicators, but did you know how the Fed attempt to regulate inflation? Or how the president and Congre...

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Let's do some Proshares reverse stock splits calculation since the inception. Let's say u have 10,000 shares and went thru 5 reverse stock splits.
10,000 = 1:5 = 2000
2000 = 1:4 = 500
500 = 1:5 = 100
100 = 1:10 = 10
10 = 1:20 = 0.5
Your 10,000 shares became 0.5 fractional share.
Worth 0.5x$24.4(26/1/24)=$12.2 today's value
This ETF also doesn't have a dividend. The worst ETF.

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Proshares is the worst fund manager I have ever seen. Check their website. They are doing a lot of reverse stock split to their funds. Since BOIL is listed on 10/04/2011. The share price keeps going down. There is no bottom. Proshares has done 5 huge reverse stock splits and destroying share holders' interest just to keep this fund afloat. Is this fund a scam? Be careful when investing in this fund.