Direxion Daily Gold Miners Be (DUST)

[RainerRocks]

Big wall street hedge funds who have stake in GDX ,David Einhorn and Eric Mindich.

See link for additional info.

I have to do my DD and check the latest info on these guys,regarding their holdings in GDX. I want to see if they're currently adding to their long position.

Either way,when these 2 big names start dumping you'll know it.

http://www.stockpickr.com/symbol/GDX/

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This guy ,some big wig Saudi guy (I forget his name )trader bets on big plunge for the miners.

"He loaded up on GDX Put options.He purchased 20,000 May 20 strike puts for 23 cents each. Since each put option accounts for 100 shares, this is a half-million dollar bet that gold miners will fall below $19.77 by May expiration."


http://www.cnbc.com/2016/04/20/trader-bets-on-big-plunge-for-the-miners.html?__source=thestreet|headline|headline|story&par=thestreet


So we have big players who are on both sides bull and bear.