Jan. 2 at 11:39 PM
$SRPU $SRPT if srpt dumps 50% in a single day, srpu loses 100% and goes to
$0.00
If the next trading day srpt climbs back up that 50% srpu still remains at
$0.00 and is a total loss forever. Srpt could go up 10,000% the very next day and you are left at 0 in srpu
The scary thing is last month srpt dropped 40% and srpu dropped 80%. Had the mms dropped srpt 50% and closed out the day -50% or better srpu wouldnt exist today and anybody owning it would be at a total loss.
When srpu resets at the end of a -100% day, the next days gains if srpt goes up 50% would be
$0.00 x 50% which is
$0.00
DO NOT BUY SRPU!!!. Shorts can wipe out 100% of your capital in minutes