Replies to post #9461 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[jboatswain]

I think in this case the arbitrage was being extremely exploited, which I won't go into. To make it short, ouch was the word. Like at a minimum in my opinion a 100% return removed from JNUG.

Well, Direxion has done this due to GDXJ balancing.