Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[metalsky]

JNUG Question on Reverse Split.
hi, I'm new to trading. Bought JNUG the day before it tanked down. Still have 180 at $10.49/share of cost base. I was going to hold until it goes up to $9-10 before selling at a lesser loss but I've heard of the reserved split coming in 5/1. Does it mean I'll have 45 share at avg of $6/shares instead of 180 shares at the same price of $6? Should I sell it for a loss as soon as it hit $8 before May 1? could someone please please explain it to me. thank you so so much