Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

The individual also said NUGT would be going lower this time last week...and instead, it went up almost 40% in 4 days.

This is also the same individual calling for $80/share pre-split this year (which will soon be equivalent of $400/share post-split).

Now, said individual is claiming a 50% drop from here (current share price $10 to $5)...followed by another 60% drop ($25 to $10)...all the while telling everyone there is still "8 months to target" of $80/$400??? On a post-split basis, from $10 to the original call of $400 is a 4000% return in under 8 months!! LOL. Sounds realistic. **rolls eyes**

Morale of the story: don't trust a word when it's becoming clear numbers are randomly being pulled from the sky.

PS- and if NUGT does drop from $10 to $5...the individual will claim original call of lower was right, completely ignoring the 40% opposite direction move first.