Hi, There seems to be a lot of sellers today to push the FXL...

Hi, There seems to be a lot of sellers today to push the FXL price yet down to a new low this month. Lots of steak and red wine we missed by not selling in the last 3 days and buying back low today. Reminds me of SPT which I bought in May 2020, the placement price with institutions on 30 April 2020 was 41 cents and I paid 45 cents for it. The shares drifted for weeks and finally it hit about 41 cents. Then I got frustrated and sold out at 44 cents when it went up. After i sold the shares it hang on to about 45 cent for a couple of weeks and then started climbing very quickly. Today it is $1.58 and went up much higher before. So is that also possible with FXL?

Sure, now looking at FX, today, it is dropping way below the placement price of $1.14 at current price price of $1.08. Will it rise back again to exceed the placement price of $1.14 and beyond. If it is possible with SPT before, why not FXL? But in between there are lots of steak and red wine we are going to miss!

Go FXL and I am sure in a month's time, I will say FXL is repeating history again and I will be 4th time luck! Just check again in a month's time if you have the patience to miss all the good red wine and steak!

Cheerio, Isdhope