OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@ Farmboy RE: “I mean, how much lower can JUNG go?  “

Posted by drb2 @ 11:41 on November 17, 2016  

there is time decay with the leveraged ETFs …plus they like to do reverse splits about every six months.   so unfortunately, they can go a LOT lower.

I’m sad to say this is from personal experience.  I try to remind myself NUGT & JNUG are like playing with nitroglycerin they can blow up either way.

That said, I think their time is near.

 

I have been WAY wrong before

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.