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Direxion Daily Small Cap Bull 3X Shares V.TNA


Primary Symbol: TNA

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000 Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.


ARCA:TNA - Post by User

Comment by teetznazzon Jan 09, 2007 6:42pm
180 Views
Post# 11982953

RE: activity

RE: activitycould be some selling due to the PP at $1 so some may be selling their shares to take down the PP. why not? they get a full warrant now! also, when this was halted for the RTO the stock was trading at .65, when it came back from the halt it opened at a buck. INSTANT profit! some people may be taking money off the table. we might be here for awahile judging on the low volume taking out the weak hands. i wouldn't be at all surprised if this drifts down below .90 soon.
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