OK... so that would be the equivalent of what would've been $.30 and $.45 (pre-r/s). Aside from the surprise r/s happening, the PPS should be well over $.40 right now, right? LOL!
Kiss this #$%$ goodbye! Realities of mass dilution (or BK, even) will begin to set in. LOL!
For starters, these pieces of #$%$ decay badly! So, unless one is extremely quick (and even lucky, I must say so, these days), one stands to easily lose playing around with these 3X leveraged traps. An individual miner with a fairly safe balance sheet is WAY better scalping than NUGT or JNUG, even. IAG, EXK, MUX all come to mind (as well as many others, of course).
"R/S Psychology 101" made this one go down to test the $1 area. This is no NEWL, here. We rally soon! Maybe even see $2+ by the time that compliance letter arrives, even.