I’m done with FNGD. This is the triple-bearish ETF based on the FAANG stocks. Every attempt to profit off this has been a total dud. It stinks!
A big part of the problem is that, after its reverse split, volume dried up to nearly nothing. I think the only people trading this piece of garbage were myself and a couple of guys named Stan and Dave. The bid/ask is absurd, and even on fantastic down day like today, this thing is sucking infected donkey.
That’s it! Plenty other great ways to cash in on the collapse of our nation, but this ain’t one of ’em!
