Would someone with experience in trading give me their opinion/suggestions on FAZ stock?

MONEYTREE answered 2 months ago …

First of all this is a highly leveraged ETF as you can see on the chart when financials were horrible in march this thing shot to the sky, Its pretty much a short position 3x , basically financials go up and this thing is going down, but if banking sector goes down, FAZ goes up, So its not really a prediction on this stock necessarily but on the financials as a whole, and i personally don't see the financials taking a huge hit anytime in the near future, but that's just me so do your own homework, That share price may be low but that's not always a reason to buy cause it can go lower but it does seem to be bottoming. In my opinion this ETF is a crazy one but check everything out first. Good luck to you , I am a experienced trader but i do not deal with alot of ETFs , mostly stocks for me. I could be wrong on some things about the ETF so get more advice..LOL