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

[THREE-DAY-TRADER]

That won't have any affect on $JNUG, especially with the Decay-Leverage factor on the O/S. Even if it were totally true, what impact would a few shares owned by a handful of retail people amongst the large O/S & large volume really have?? ---Not much at all (like shooting a b-b gun at an asteroid---- A totally futile effort)

Also, the decay-leverage by the Direxion fund management that is reset daily is by far the largest factor (regardless of shorts of the stock itself) & it will continue to weigh down on JNUG separately from any shorts of the stock until its underlying index $GDXJ finally moves upward... So again, your idea to try to restrict shorts in $JNUG itself is a futile effort. Sorry to break it to you, but that's reality.

Keep in mind (as I stated in earlier posts here), that the daily decay is the biggest factor here when $JNUG is trading sideways, and you can observe this lately as one example when $JNUG is down much much more than 3x of the $GDXJ. The Sept 11 close on $GDXJ down only -.08% while $JNUG down -.87% (8x that instead of 3x --- due to the sideways action in $JNUG with decay ramping up in this period)

People simply should not trade these 3x leverage stocks with real money if they don't know much about how they operate & if they don't have much experience first trading them with paper money.

Just trying to help
;)