I must admit first, i do fully understand leveraged stock, and a few months ago i bought 1 share of BOIL, pro shares ultra Bloomberg natural gas, at $6.75 honestly just because i had $7 and thought it was interesting.
however, i no longer have that share in BOIL, and its 52 week low was $45, never going near $6.75. i saw it was $71 today and thought i made like $65, nothing crazy, just thought it was pretty cool. but i am left very confused instead.
i apologise in advance for any ignorance on my part, as it is very possible i misunderstood what i was purchasing. and i appreciate any insight shared.
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