Post by
laffinatbaggies on Sep 04, 2018 1:46pm
JNUG 52 week lows
I mentioned on several posts that gold was going to take a beating and continue on its path to under $1000/ounce. JDST and shorting gold was the play. I have made huge gains with JDST and locked in a portion of my holdings today selling 5000 units of JDST for +79% and +$187K in profits.
The gold bulls/nutbars believe that there is only one direction for gold and that is up. Having a one-way biased has lost these stubborn folks huge. And gold/gold stocks will get uglier when sub $1000/ounce is breached.
Huge profits are being made in JDST and shorting gold.
Sometimes these markets are too easy for the unbiased that trade in the direction of profitable trades.
Comment by
battlemage on Dec 09, 2018 12:02am
Haven't traded gold long or the nug since 2016, back in now. Your under $1000 oz prediction is way off, fed turning dovish, bear market has started. Crypto dying, gold is 2019 winner watch & learn newb
Comment by
inv2day on Jun 21, 2019 1:20am
I agree this stock is beating up all the others,on September 8, 2017 JNUG was $25.45, January 22, 2018 JNUG was $20.17 and on February 20, 2019 JNUG was $13.04. I also own Kirkland Lake Gold for a long position which is moving slow as it was bought by companies that hold pensions and funds for people, also purchased GDX to short when needed.