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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 MiningMasterAuon Sep 24, 2019 9:24am
221 Views
Post# 30158234

RE:buying opportunity or ????

RE:buying opportunity or ????People have been waiting for a buyout deal since January, thanks to the news management put out. Not a smart idea because it's thrown off buyer interest. TNA should be trading at just about double where it's at right now based on basic EPS multiples. Len, Steve and Tom were better to wait until there was at least an LOI signed. Have some friends waiting for this deal to happen and they've missed some great buys over the spring/summer because of it. Ah well, opportunity cost.
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