Is ZSL a buy? - Seeking Alpha

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HEADLINES:

Gold And Silver: Bulls, Bears, And Common Ground
Harold Sultan • Wed, May 22 • 10 Comments
Silver: Is This The 'Last' Decline?
Avi Gilburt • Sun, May 19 • 112 Comments
Silver: Look Out Above?
Avi Gilburt • Sun, May 12 • 56 Comments
Silver: Lower Levels Still Ahead Despite High Premiums
Avi Gilburt • Sun, May 5 • 75 Comments
Silver In A Weak Economy
Gary Bourgeault • Thu, May 2 • 17 Comments
Silver: Do Not Be Fooled - Lower Prices Ahead
Avi Gilburt • Sun, Apr 28 • 84 Comments
How Can You Protect Yourself From The Gold Bear?
Balaji Viswanathan • Mon, Apr 15 • 1 Comment
Are You A Scared Silver Investor?
Avi Gilburt • Sun, Apr 14 • 110 Comments
Should You Short Gold And Silver ETFs?
Gary Gordon • Wed, Apr 10 • 10 Comments
Silver: Let's Get Ready To Rumble
Avi Gilburt • Sun, Apr 7 • 91 Comments
Short Selling A Pair Of Leveraged ETFs: A Goldmine Or A Bad Idea?
Ypa Finance • Tue, Apr 2 • 27 Comments
Sell Silver Now?
Larry Trefz • Wed, Mar 6 • 40 Comments
A Strategy To Profit From Leveraged ETF Decay
Christopher Drose • Sun, Feb 10 • 43 Comments
Updated High Risk/High Reward Play For Silver In 2013
Macro Investor • Thu, Jan 24 • 16 Comments
Long Silver, Short Gold Play Continues To Work Well
Macro Investor • Mon, Jan 21 • 75 Comments
The U.S. Debt Is Coming Due - Profit With A TMF Short
Chris DeMuth Jr. • Tue, Jan 8 • 20 Comments
Tim Iacono Positions For 2013: Most Investors Seriously Underweight Precious Metals
Tim Iacono • Tue, Jan 1 • 38 Comments
Silver: Are We Ready Yet For The Rally To $60+?
Avi Gilburt • Sun, Dec 30, 2012 • 67 Comments
A High Risk/High Reward Play For Silver In 2013
Macro Investor • Wed, Dec 26, 2012 • 49 Comments
David Morgan: Silver Bull Market Is Not Over
Hard Assets Investor • Sun, Dec 23, 2012 • 2 Comments

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Gold And Silver: Bulls, Bears, And Common Ground
Harold Sultan • Wed, May 22 • 10 Comments
Why ZSL Did Not Malfunction Last Week
Sergei Barna • Tue, May 17, 2011 • 41 Comments
Bernanke's 'Curveball' Gives Yet Another Boost to Commodity ETFs
Gary Gordon • Wed, Apr 27, 2011 • 6 Comments

Silver: Is This The 'Last' Decline?
Avi Gilburt • Sun, May 19 • 112 Comments
Silver: Look Out Above?
Avi Gilburt • Sun, May 12 • 56 Comments
Silver: Lower Levels Still Ahead Despite High Premiums
Avi Gilburt • Sun, May 5 • 75 Comments
Silver In A Weak Economy
Gary Bourgeault • Thu, May 2 • 17 Comments
Silver: Do Not Be Fooled - Lower Prices Ahead
Avi Gilburt • Sun, Apr 28 • 84 Comments
How Can You Protect Yourself From The Gold Bear?
Balaji Viswanathan • Mon, Apr 15 • 1 Comment
Are You A Scared Silver Investor?
Avi Gilburt • Sun, Apr 14 • 110 Comments
Should You Short Gold And Silver ETFs?
Gary Gordon • Wed, Apr 10 • 10 Comments
Silver: Let's Get Ready To Rumble
Avi Gilburt • Sun, Apr 7 • 91 Comments
Short Selling A Pair Of Leveraged ETFs: A Goldmine Or A Bad Idea?
Ypa Finance • Tue, Apr 2 • 27 Comments
Sell Silver Now?
Larry Trefz • Wed, Mar 6 • 40 Comments
A Strategy To Profit From Leveraged ETF Decay
Christopher Drose • Sun, Feb 10 • 43 Comments
Updated High Risk/High Reward Play For Silver In 2013
Macro Investor • Thu, Jan 24 • 16 Comments
Long Silver, Short Gold Play Continues To Work Well
Macro Investor • Mon, Jan 21 • 75 Comments
The U.S. Debt Is Coming Due - Profit With A TMF Short
Chris DeMuth Jr. • Tue, Jan 8 • 20 Comments
Tim Iacono Positions For 2013: Most Investors Seriously Underweight Precious Metals
Tim Iacono • Tue, Jan 1 • 38 Comments
Silver: Are We Ready Yet For The Rally To $60+?
Avi Gilburt • Sun, Dec 30, 2012 • 67 Comments
A High Risk/High Reward Play For Silver In 2013
Macro Investor • Wed, Dec 26, 2012 • 49 Comments
David Morgan: Silver Bull Market Is Not Over
Hard Assets Investor • Sun, Dec 23, 2012 • 2 Comments
I'm Not An Accountant, Either
George Acs • Thu, Dec 20, 2012 • 40 Comments

There are no Transcripts on ZSL.

Playing QE3 with ETFs

at Fox Business (Sep 13, 2012)
Despite 13-Week Low, Short Silver: Cortes

at CNBC.com (Apr 23, 2012)
Legend Gerald Celente on why he's selling gold to buy silver, why Occupy Wall Street matters so much and more

at MarketWatch.com (Oct 19, 2011)
VIX Indicator: Panic and Run or Hold Your Ground?

at CNBC.com (May 18, 2011)
S&Ps Likely Move as Markets Worry about al Qaeda Retaliation

at CNBC.com (May 2, 2011)
Halftime: Is A Stealth Buyer for Ralcorp Lurking?

at CNBC.com (Apr 29, 2011)
Howard Gold's No-Nonsense Investing: Silver fever is about to break, and break badly

at MarketWatch.com (Apr 29, 2011)
Halftime: Bulls Off to the Races? Maybe Not

at CNBC.com (Apr 28, 2011)
ETF Investing: Silver ETFs outshining gold in 2010

at MarketWatch.com (Dec 5, 2010)
Hi ho Silver, away!

at MarketWatch.com (May 11, 2010)

ZSL vs. ETF Alternatives

ZSL Description

ProShares UltraShort Silver seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London.
See more details on sponsor's website

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 20, 12:40 PM This just in. Precious metals (GLD +2.2%), (SLV +2.6%) are sharply higher on the session after a panicky Sunday evening plunge brought both to multi-year lows. Other than dollar weakness (UUP -0.5%) across the board, there's no news in particular - perhaps some satiated bears decided to cover and a trend took hold. 38 Comments [Commodities, On the Move]
Monday, May 20, 11:27 AM Silver's (SLV -0.6%) 9% plunge in the first minutes of trading overnight is being linked to hawkish talk from Japanese Economy Minister Akira Amari who warned the yen's (FXY +0.7%) fast decline may be hurting the economy. One fails to see the connection but dollar/yen did dive along with silver and Andrew Wilkinson suggests hedge funds short the yen were forced to raise cash by bailing on stale silver longs. 11 Comments [Commodities, On the Move]
Monday, May 20, 7:07 AM Silver (SLV) plunged to its lowest level in nearly 3 years overnight before a bounce brought it to its current price of $21.60, -3.3%. As with gold, silver ETP holdings have dropped to the lowest levels this year, and speculative short positions are on the rise, according to CFTC data. Gold (GLD) took out its April lows earlier - dropping as low as $1,338. A bounce has brought the metal back to $1,351, -1%. 17 Comments [Commodities, On the Move]
Thursday, May 16, 7:18 AM Precious metals continue to tumble, with gold at $1,374 nearing the panicky lows (about $1,350) seen during April's liquidation. Any excuse will do in a bear market, and filings released yesterday containing data anywhere from 6 weeks to 5 months old showed continuing sales of gold ETPs by names such as Soros and BlackRock. GLD -1.3%, SLV -1.3% premarket. 9 Comments [Commodities, On the Move]
Wednesday, May 15, 11:16 AM Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. 34 Comments [Commodities, On the Move]
Friday, May 10, 7:33 AM The stronger dollar has precious metals resuming their decline in force (or is the decline in precious metals strengthening the dollar), with gold (GLD) off 2.3% and silver (SLV) off 2.2%. Crude oil (USO) pulls back a bit from its recent big rally, -0.9% to $95.53. 106 Comments [Commodities, On the Move]
Tuesday, May 7, 11:39 AM The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. 9 Comments [Commodities, Financials]
Monday, April 29, 7:31 AM Precious metals continue their comeback tour, with the dollar (UUP) being lower across the board as good an excuse as any for buying this morning. GLD +1.1%, SLV +1.5% premarket. The greenback is particularly weak vs. the aussie (FXA), +0.6%. Comment! [Commodities, On the Move]
Thursday, April 25, 3:39 PM Gold (GLD) futures jumped nearly $40/oz. to log their biggest one-day gain of the year, supported by physical demand, prospects for easier global monetary policies and a weaker U.S. dollar. Today's rally brings gold's recovery to ~50% of losses from the selloff that began ~$1,560. Silver (SLV) enjoyed an even bigger bounce, rising 5.7%, but it needs a lot of catching up to approach historical gold/silver ratios. 12 Comments [Commodities, Global & FX]
Thursday, April 25, 7:03 AM The bounce in precious metals continues, gold (GLD) +1.6% and silver (SLV) +2.1% as buyers of the physical apparently used the rout to load up and - if anything - global central banks are leaning towards even easier monetary policy. A survey shows low bond yields are no longer doing it for central bankers and they're now looking at loading their balance sheets with equities. 18 Comments [Commodities, On the Move]
Monday, April 22, 9:13 AM A massive wave of Asian buying of precious metals is emptying dealer shelves across the region. "I haven't seen this (kind of) gold rush for over 20 years," says the head of the HK Gold & Silver Exchange, adding that old-timers haven't seen anything like this for 50 years. GLD +2%, SLV +1.4%. 34 Comments [Commodities, On the Move, Top Stories]
Thursday, April 18, 7:16 AM Gold retakes $1,400/oz. after falling as low as $1,337 overnight. Coincident with any big macro move are rumors George Soros is on the right side of it to the tune of hundreds of millions in profits. "Gold was destroyed as a safe haven, proved to be unsafe." GLD +1.5%, SLV +0.9% premarket. 8 Comments [Commodities, On the Move]
Wednesday, April 17, 9:52 AM Open for trading is Credit Suisse's Silver Shares Covered Call ETN (SLVO) with annual fee of 0.65%. The fund is long silver (through the SLV), but forgoes monthly gains in the metal greater than 6%, instead generating income by selling out-of-the-money calls in SLV. 2 Comments [Commodities]
Wednesday, April 17, 7:31 AM Gold slides again with yesterday's bounce now near-erased, off 1% at $1,373/oz. Silver tumbles 2.2% to $23.12. GLD is actually a bit higher premarket thanks to gold being above the level it stood at the 4 PM close of stock trading. SLV -1.2% premarket. 9 Comments [Commodities, On the Move]
Tuesday, April 16, 7:02 AM After continuing to slide sharply early in overnight trade, gold is bouncing, +1.8% to $1,388/oz. (it touched $1,322 at its low point). Silver +0.6% to $23.50 after dropping as low as $22.01. GLD +2.5%, SLV +3.4% premarket. 6 Comments [On the Move, Commodities]
Monday, April 15, 5:03 AM Mining stocks are taking a bit of a hiding following China's slowing GDP growth and the sell-off in precious metals. Rio Tinto (RIO) -4.5% premarket, BHP Billiton (BHP) -3.6%, Barrick Gold (ABX) -3.6%, AngloGold (AU) -5.2%, IAMGold (IAG) -1.2%, Gold Fields (GFI) -5%, Goldcorp (GG) -3.9%, Kinross (KGC) -5.1%, Seabridge Gold (SA) -2.8%, Newmont Mining (NEM) -3.4%, Freeport-McMoRan Copper & Gold (FCX) -2.85% and Anglo American (AAUKF.PK) -3.9% in London. NovaGold (NG) fell 13% on Friday. 3 Comments [Commodities, On the Move]

Hypnos7
Silver forming a double top on the 15-minute chart, good bet yet another leg downward. $SLV $ZSL
Apr 29, 12:06 PM
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Chris DeMuth Jr.
$ZSL @ new 52-week high.
Apr 16, 8:15 AM
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Hypnos7
$ZSL seems to be suffering from a bit of tracking error today.
Apr 15, 9:43 AM
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ltfinger
Returning Upgrades (4/12/13): $VIP, $VPHM, $ZSL
Apr 15, 9:02 AM
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ltfinger
Returning Upgrades (3/26/13): $CHRW, $COF, $CPHD, $IDCC, $MUR, $NFLX, $PKG, $R, $SPXL, $SSO, $TW, $UPRO, $WLP, $ZSL
Mar 27, 3:38 AM
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ltfinger
Today's Returning Upgrades (3/14/13): $ALTR, $FTI, $UA, $ZSL
Mar 15, 9:36 AM
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Agbug
$ZSL Dive 8-10% would be nice. (I can only hope)
Mar 12, 10:41 AM
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Jayson Derrick
$SLV looking very weak, buying $ZSL, 2x silver inverse
Feb 13, 10:08 AM
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Jayson Derrick
$SLV won't hold at these levels, buying $ZSL
Feb 12, 12:13 PM
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Macro Investor
Got out of strike 50 Jan '14 $ZSL puts with ~30% gain in a month
Jan 25, 3:47 PM
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machiavelli: groovy.
Jan 26, 2:53 AM
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LATEST REPLIES

Macro Investor
Got out of strike 50 Jan '14 $ZSL puts with ~30% gain in a month
Jan 25, 3:47 PM
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machiavelli: groovy.
Jan 26, 2:53 AM
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Mind
Will GLD and SLV correct ? ZSL could be a hedge ? analyze and take care...
11/12/12
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smokeyRose: I would stay away from SLV just my opinion or go very very long
11/12/12
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Mind: thanks...
11/13/12
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Youngone91
ZSL working
4/9/12
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Demi9OD: ZSL from 54 to 74 since this article. Then from 74 to 52. Anyone holding a levered ETF for 5 months is clueless.
8/30/12
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pbppbp: zsl now below 40...20's by nov. puts on leveraged etf's works quite well.
9/20/12
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MovingAvg
Am I seeing this right? Did ZSL go from the teens to mid $60s in a few days!!!
5/11/12
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Perkins Cove: 1:5 reverse split. http://bit.ly/M3s0gD
5/11/12
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Youngone91
more people should have followed me into ZSL today im expecting to close the trade for a 10-12% gain next week
4/5/12
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Demi9OD: Of DUST. oops, spread, on my android.
4/5/12
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young shil: young, where do you see NUGT next week.
4/6/12
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DettoTheSecond
max leverage on long XIV, DGZ, ZSL for the ultimate anti-end of the world trade! I said it before and will say it again, see you at 1700+!
3/13/12
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Ricardo Espinosa: Gold and silver shorts are ok, long XIV is asking for pain unless you exit in less than a month IMO, good luck.
3/13/12
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jimhsu: Short VXX is in many ways a superior position. Or options....
3/15/12
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Jimbozeubuen
A great day for my TZA and ZSL, too bad I bought in such small amounts.
3/2/12
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Demi9OD: Real difficult to commit to large short positions in this market, be glad you had any.
3/2/12
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Jimbozeubuen: True.
3/2/12
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Justin M. Hall
2/29/12 9:55P ET: I'm also sticking with DTO, DZZ, and ZSL. These trades have more to go. Stay tuned.
2/29/12
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Justin M. Hall: My point: DTO could potentially trade in the $30's this year. Longer-term, I think oil prices could fall dramatically, starting in 2014.
3/2/12
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Justin M. Hall: While I am pro-Israel, I'm not convinced yet that they'll take action this year. Going forward, that's a risk to shorting oil via DTO.
3/2/12
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Youngone91
in ZSL at 8.90
3/1/12
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dak269: I think I had my chance to leave this trade green yesterday...LOL
3/1/12
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dak269: may get another chance today to leave the trade green? DXY movin' up on GBP weakness, also affecting the Euro...
3/2/12
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Justin M. Hall
2/29/12 1:58A ET: Looking for SLV to top out somewhere between $35 and $40. I don't view inflation (UUP) to be as serious in 2012. Ref. ZSL
2/29/12
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Justin M. Hall: Now you sound like my friend, 1980XLS--2.0. :-)
3/1/12
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Justin M. Hall: Good luck JB.
3/1/12
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Anlund
Time to short the silver! ZSL
2/29/12
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dak269: I wasn't feeling so good about this trade yesterday! LOL
2/29/12
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Justin M. Hall
2/27/12 7:36A ET: In conjunction with the short oil (DTO) theme, we're also initiating positions in DZZ & ZSL at the open.
2/27/12
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ssmith90: blurg! i bid on the market insted of the premarket on DTO. there goes 2% out of the window. oh well still learnin
2/27/12
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Justin M. Hall: SSmith90, sit tight with DTO. You should do just fine. :-)
2/27/12
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The_American
Go for some yield. Can't forget EUO & USD UUP going up. GDX GDXJ SIL NUGT REMX GUYFF.PK up20-30% REE almost doubled last week SH ZSL GLL GLD
1/8/12
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The_American: The ones for yield are AGNC NLY GRT RSO CXS TWO ARR & DUK PFE GE and have potential upside although i would like to see pullback. M&A in BIB
1/9/12
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The_American: Be careful on the "Dividend Trap" I like NLY better CXS is subsidiary They will move ex- DVY and come down. ARR TWO all up 20% AMLP CYS IVR
1/22/12
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JCH57
Interesting - ZSL and AGQ are both down today.
12/29/11
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TonyNed: AGQ was down 10% yesterday and now it's up 2%. Doesn't really define a whipsaw.
12/29/11
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JCH57: Intraday was pretty significant.
12/29/11
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golfitobob
ZSL gone 13.65 *80 cents booked
11/21/11
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campusglass: Im thinking about just selling now. Taking my 40% return and paying attention to work today.
11/21/11
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golfitobob: works. gains add up while the rest of the street is down for the year ! good job !
11/21/11
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ZSL ProShares UltraShort Silver ETF

ZSL

ProShares UltraShort Silver ETF