Replies to post #20065 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[food4thought]

Correct but appears the fund is reorganizing the share count and stealing 10% for admin fees by executing these splits. Maybe I’m understanding this wrong but taking 10 and issuing 9 appears that 1 vanishing to the fund and is rebalanced thru opening share price on the 23rd of April.

[food4thought]

Ignore my posts....I’m looking at that wrong. I didn’t take into account the 1 of the 10 left in the shareholder’s hand after split.
Doh!!

Getting so used to these funds screwing the shareholder, I instantly see red flags.