StockFetcher Forums · Stock Picks and Trading · ETNs manipulate as they please<< >>Post Follow-up
karennma
8,057 posts
msg #125358
Ignore karennma
10/1/2015 9:27:51 PM

Just a couple of weeks ago someone here mentioned UWTI was $11.00.
HOWEVER, that's because the day before, it was $1.20, but reverse split, 1 for 10..
At that time, I'd also been pondering the huge profit potential of NUGT if the metals took off. At the time, I think NUGT was $2./shr.
Well, they've done it again.
LOOK AT TODAY'S chart of NUGT.
Did gold go up $100 today?
Nope. They just conveniently decided to R/S NUGT.
It was $29 today. Ridiculous!


Eman93
4,750 posts
msg #125361
Ignore Eman93
10/2/2015 1:44:10 AM

I think they need to jack it up to keep the percentages right. at 2.00 a one cent move is 0.5%

StockFetcher Forums · Stock Picks and Trading · ETNs manipulate as they please<< >>Post Follow-up

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