georgeculolias

Distressing Details of the UltraShorts

Is there a class action lawsuit againt these thieves yet?

Commercial Mortgages: The $400 Billion Ticking Time Bomb

I'm long SRS also and have lost a lot of money. My question is, is there going to be a class action lawsuit against them? From what I've read recently, the index that they say SRS is supposed to go 2x inverse of, has dropped 50% and yet SRS instead of going up 100% as advertised has dropped 50% also! I would have done much better just shorting the index. Either the guys running SRS are crooks or they are unbelievably stupid. Either way they should be sued. Watch your back on these new ETF products, as this one has proven they can't be trusted! If anyone knows of a pending lawsuit against SRS please email me at georgeculolias@hotmail...