Direxion Daily Gold Miners Bull 2X (NUGT)

[dude iligence]

stringray do you work for direxion? You continue to post about increasing the number of shares yet you fail to see it as dilution.

"Only in order to protect fund performance in the rare instance that the fund spot price is trading higher than its actual value do they sell more shares to correct this."


I don't care why they do it or what trumped up reason they come up with for doing it. It is dilution and that is why they must continually do r/s after r/s. If they didn't do the r/s eventually the 3X ETF's would go sub $1 then sub penny. No one would trade them.

"And it has absolutely nothing to do with decay. You are absolutely incorrect. Your insistence on continuing to post false information is counterproductive to this board."

You are the one that insists on calling it Decay not me. I've been trading long enough to know dilution in a chart when I see it. Counter productive to this board is wanting everyone to drink the pumper Koolaid that some here at I Hub serve up.