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Alias Born 11/06/2012

Re: None

Friday, 07/29/2016 12:22:13 PM

Friday, July 29, 2016 12:22:13 PM

Post# of 46663
Correct me if I'm wrong here, but a split doesn't do anything for us right? Because this is an automatically leveraged ETF, share prices are balanced out by Direxion investments directly. More people buying/selling this doesn't make it rise since it just tracks changes in the price of GDX which, in turn, tracks changes in the price of the mining companies in the index.