it was NOT at 20,000.... what it means that to be at the price 5 years ago, it has to go to 20,000
in the current price (post splits which were 1:500) which means the original price pre-split was $ 40
per share... get it ?
very little... I would suggest u take the small loss and get out of this gamble..
this is not something u want to mess around with ... it is like a roulette.. u place
u bet on a number ... if it shows up u make money other wise u lose.. the losses
don't accrue / are not paper loss.. they are real... it is up 700% in 3 months..
so selling will continue all the way...
they will suck in as many folks as they can... so look for up-down-up-down with lower lows and lower
highs... by end of June though we may see 27ish
"buy when there is fear... remember ?"
"nothing goes up forever (NUGT ?) or go down forever (DUST)"
"sell when every one is greedy (NUGT ?) .... or buy when no one wants it (DUST?)"
makes sense ?
I think u have got it all upside down yeah ?
"NOTHING GOES UP FORE-EVER"... jrc this thing is UP 700 % in 4 months.. and u
are soooo right.... NOTHING goes up forever... so shouldn't this thing go down now ?
a direxion 3x etf ?? you don't "keep on buying" stuff like this unless it is at the bottom... do u realize it has rallied 700% in the past 4 months ?? on no solid
fundamental news ??... buying anything when it is UP 700% in 4 months is
an act of self destruction... u should be "selling" this thing since there is no
fear and every one is buying (based on ur philosophy)....
yes.. and trend towards staying in couch more than driving.. buying stuff on the net rather than from the malls... ordering dinner on the phone rather than driving to a restaurant .. and on and on.... too much oil out there..
beerbuddy... GDX (the "anti parent" of DUST) had NO reason to go up 100+% in 4 months
actually.. the fundamentals point to gold under 700 by year end... which would essentially
put all mining companies in serious trouble - because currently it costs them $1200 ish
per ounce to produce (some have it around 990)... but under 1,000 ALL MINERS will be
losing big times... imagine what that will do to GDX ... she will go under $ 5.... which would
essentially put DUST at around $ 30 in todays price (or $ 300 post split of May 18)...
GDX is a suckers rally in a bear sector... I would not worry at all with DUST at $1.50 ...
take it easy ... live well.... u only live once...