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.

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Direxion Daily Small Cap Bull 3X Shares > Govt assistance payment is NOT earnings

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Comment by Fansseon Aug 31, 2022 4:18pm

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Post# 34933599

RE:Govt assistance payment is NOT earnings

Well.. the first two quarters of the year are usually the slowest, so to assume the annual eps based on this is wrong. This year - only on operating earnings - they are on track to probably double last year's eps.

and then.. x 1.30 for the exchange rate to convert to CAD dollars, because ofc, you were comparing USD EPS to CAD market share price.

You're probably the one who should come with substance next time you post.

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