Tuesday, July 25, 2017 3:12:30 AM
Has anyone given any thought to what happens to the Millions of $'s every time they run a reverse split on one of these ETF's. The last time this happened to JUNG the fund was valued at $820 million of which $600million suddenly disappeared . After all if they reduce the number of shares to a quarter of the original size then you should expect JUNG to move 4 times as fast in the market post split.But we all know that does not happen-they simply go about running it back down ready for the next R/S. SO where has all that money gone?
Answers on a post card to the thieves that run these scams
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