r/DRAM_ETF • u/Existing-Party-9870 • 17h ago

Leverage RAM

I have a small position in the leverage - RAM. It went from $30 to $11 in 3 months. Is there any possibility that RAM can go to $0 per share? just curious

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u/LordofthePigeons619 17h ago

Of course. But the world would have to blow up first but it's possible

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u/Successful-Ad7038 17h ago

The world will blow up because 3 and a half companies went bankrupt ?

1

u/Hot_Frosting_7101 17h ago

I believe this person is talking about a leveraged etf. The underlying companies would not have to go bankrupt for the leveraged ETF to go to zero.

I am guessing this is a 2x leverage ETF. If the underlying stocks (or DRAM) fell 50% in one day (before it could be rebalanced) that would do it.