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

[zambono]

You know as well as I do that JNUG was diluted to oblivion what must be almost a year ago now. Us longs were destroyed, the price tanked and now JNUG only moves 5% when gold moves 1% when before it would equate to a move larger than 10% in JNUG. You can't expect JNUG's price to be anywhere near what it used to be based on the same gold price. One of the reasons why I bailed on JNUG, took us all for a ride.