Replies to post #455 on Direxion Daily S&P Oil & Gas Exploration & Product (GUSH)

[Mic ll]

I like it.

[zc182]

We actually just had a reverse split by the company which affected a 40 shares = 1 share ratio.

[Edit Add Website: https://www.splithistory.com/gush/]

They also reduced is from a 3x exposure to a 2x exposure.

GUSH is not meant to be bought and held. It is meant to be traded as soon as intraday as market conditions change.

The following website explains their split history and also tells you what a $10,000 investment would be after the 4.9 year history of the ETF. Long story short.

$10,000 after five years is worth only $90

Advanced traders only.