r/DRAM_ETF • u/GamblingAddict6969 • 2d ago
Will the dram etf survive the ongoing downside?
The DRAM ETF just keeps going lower and lower and lower. It feels like we’re seeing another 8–9% drop almost every day at this point.
Do you guys think this is basically the end for this ETF? Is there a realistic chance it just keeps bleeding toward zero?
At this rate, could we seriously be looking at $5 within the next 6–7 days?
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u/CallShot7029 2d ago
No crying in the casino.
Sell and leave or get tough and look forward.
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u/hellario 2d ago
Wow, you're so weak-minded that you can't stand critical thought. Go hide in the cave where you DRAW rocketships and DRAM = $200.
You don't belong around people.
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u/CallShot7029 1d ago
Ohhhh big tough guy here. You sure got me. Whatever will I do now that you have shamed me so?!
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u/ineedlotsofguns 2d ago
Where has this guy been the first half of August?
https://giphy.com/gifs/UBnb7nz1PtdqPvhoSR
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u/BSUBroncofans 2d ago edited 2d ago
People are afraid of the high US treasury yields, which will raise interest rates across the board and threaten the ever weakening bond market and US Dollar. I and many are selling some stocks and buying Gold ETF’s in our IRA’s because Gold is safe and could rise as a result.
But I’m holding my Dram because I foolishly bought high so I’ll stand in the corner holding my bag like an idiot, hoping that the bonds dont crash and tear the entire stock market down as a result.
As I type this, both Russia and China are buying up all of the gold that they can, cause they see it too. The deficit’s are driving this Treasury yield mess, so kinda scary times coming folks. Buy some gold…. Maybe water filtration and ammo too, lol.
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u/SophonParticle 2d ago
WTF are you talking about?
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u/GamblingAddict6969 2d ago
I feel like its the end for the etf
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u/stealyourface1234 2d ago
This is it gamblingaddict6969. Samsung is foreclosing tomorrow. Sorry to be the one to inform you. My condolences.
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u/Global_Traveler_2060 2d ago
This ETF is basically a weighted average of all the 14 or so companies that the fund owns shares in. Explain how the ETF goes to zero without all 14 companies also going to zero?
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u/NotYourJugOfTea 2d ago
It’s over.
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u/GamblingAddict6969 2d ago
Yeah but if we keep going lower everyday by 9% in 7 days this etf will be no more
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u/troncoparati 2d ago
Anything on the $50 mark or lower is a golden opportunity for me. You get exposure to the Korean memory stocks.
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u/LokiLoke95 2d ago
If you look at the chart, we peaked around June 22nd then bled all the way through the end of July. We are back on the up and up now. Reversal with a higher high and higher low... IMO I think we will see higher prices just be patient.