Can DRIP go to $0 or reverse stock split?

I would like to profit from this volatility in oil prices. I was looking at DRIP (Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)) and wondering two things:

1. Can it go to $0?
2. Can it reverse split?

​

I would like to hold it for a few months, hopefully, to profit from this volatility. Also, I was wondering if there is a stock to short oil prices?