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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 thetruth777on Jan 01, 2015 11:46pm
89 Views
Post# 23278817

RE:Lower oil prices should help TNA....

RE:Lower oil prices should help TNA....JR i have seen your posts on a few other boards for low PE companies which i appreciate. My concern with TNA is that they do not do any promoting of their stock as of yet. Also  it is on the venture which have become a wasteland. And finally, there are still various risks associated with TNA. I see that you have been an investor since it was at 1.5c I am assuming that you were able to buy shares at this price of perhaps you have been a long term investor for a few years. My issue with the venture is that it is great at giving out of this world valuations on "potential" and dreams for stocks such as PTK and the many biotech garbage here..unfortunately once real earnings are seen then the sp looses its luster and a large majority of venture stocks that actually have earnings end up trading at low PE's. I agree that if they keep doing well with their quarterlies there should be a large growth in SP however, there is little to no volume here. best of luck
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