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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 31, 2007 1:24pm
70 Views
Post# 12132743

RE: PP

RE: PPThe second tranche won't be an issue IMHO. I wouldn't worry about your percieved "discount." Maybe you should look at it in another way. One of the main insiders is buying stock at a PREMIUM! Jan 29/07 Jan 24/07 Sutherland, Daniel 11 - Acquisition carried out privately Common Shares 1,625,000 $1.000 Dec 22/06 Dec 21/06 Sutherland, Daniel 10 - Acquisition in the public market Common Shares 500,000 $1.010 Good sign in my books. Accumulate under a buck is all I can say. GLTA.
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