some please explain to me

[canuckrookie]

Why FAS is up 400% today?

http://ca.finance.yahoo.com/q?s=FAS

I thought it was an error on my software but according to yahoo finance this is actually up from a close of 12 yesterday to the 60's today.

 

[ASE1245]

Reverse-Split: http://finance.yahoo.com/news/direxion-shares-executes-reverse-share-192100925.html

 

[jd7419]

All triple etfs will eventually go to zero because of decay, normally reverse splits happen when the price gets near single digits.

 

[canuckrookie]

Thank You, I didn't see that news.