Over the past month and a half, USLV has fallen over 50%.
If silver drops approximately another 33%, USLV will be at 0.
If silver drops 50% USLV will be negative.
Do you think a reverse split will happen?
If silver recovers this will represent a huge investment opportunity. Or maybe the recent highs were crazy and silver is going to go back down to $5 and stay there. How do you think the world’s economy will be affected if that happens?
This reverse split that just took place has me concern. It makes me think silver has another drop in price coming. Why would they split? The stock looks more unattractive now.