Is because these crooks are allowed to pause trading and halt the demise. How is that shit legal? Free market my ass!!
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Bold strategy, what happens if they continue to slowly trend up wards?
Then I lose some money. It's via an ETF, no margin. If banks trend upward too much then they would have to fall beyond a reasonable amount to recover the value.
I shorted them in November, and I'm up 10% so the actual decay isn't bad.