Has anyone studied DRV?
I’m looking for a stock that has wild potential in a collapse most economists think is coming soon. I think it’s the reason the Great Reset folks want to take control of the populace through vaccine passports that essentially have the potential to turn you off like a bad Chinese credit score before the shit hits the fan and riots in the streets make the elites nervous. DRV has had a reverse split because it keeps going lower and lower. Remember the collapse back in March of 2020? DRV shot up like a rocket. Because of easy money making the real estate bubble bigger and bigger, I figure the music stops one day soon, and DRV could vault to the moon in short order. Any thoughts from the chartists, economists, or real estate pros who know what the heck is happening in this current bubble? Housing prices are crazy, especially up here in an area of low population density where many of us have at least 25 acres of forest around us. Seems like people are looking for safe places in the event of a collapse, and that may be driving the demand for houses with acreage mile away from the cities Or, it could be Blackrock and other big money investment gangs will just keep buying everything up until we are all renting, a situation the Great Reset cabal wants.
Real Estate Bear Fund > ? The Chart is pathetic …wouldn’t touch it Marcus
https://schrts.co/JwXRDktY
I am in a suburb city north of Dallas. Three miles north of me a development was announced for the construction of 3,400 homes. They have not even put in the pipes or streets and it is all sold out except for very high end million dollar homes. The same thing happened in California when Ronald Reagan was Governor. Watching the rise and fall of California is like a mini episode of the Roman Empire. I guess Texas is next. Biden the imbecile is making Texans rich. Everything here is turning gold.
There are no homes for sale anywhere around me. Good money (housing stock) goes into hiding when the dollar is being devalued. Vancouver BC homes doubled every three years for decades.
First, -3x funds require exceptional chart reading skills and timing.
Read up on their decay features in sideways markets.
Second, DRV and all the other inverses will move in unison, aside from biotek and China.
Meaning, I see limited value in a sectoral focus for your shorts.
Third, inverse REITs (which DRV is) means (like shorting junk) that YOU as the short must pay for the dividends that longs earn. So when you are wrong, SRS and DRV are worse than other -3x funds. If when you are right on timing, your capital gains on price are eaten at by distribution outpayments.
I will dissent from Fully’s remark, but calling a bottom for DRV is like calling a top for SPX. Others on this board have done so, and repeatedly in some cases, only to be wrong.
DRV should do well at some point, but others will do better, and timing that major move is tricky.
PS … if you are looking for a generic hyper long or short fund, look into HIBL and HIBS.
They evolved out of the index for SPHB.
Thanks Pedro and everyone for chiming in.
Thanks everyone! I made about $20 off this stock once, then chickened out and sold. It has crazy volatility. LOL. I put in very little out of curiosity. Shortly after it tanked to amazing new lows. The chart is awful and there are better vehicles out there. The whole real estate thing has me baffled. My son is having a home built in a small Texas town for $600,000. It’s not even finished and has already gone up $50,000 from when he took out the mortgage. Wild.