Freakin Crazy!!!
Posted: Wed Oct 08, 2014 2:03 pm
JNUG (triple-leveraged junior gold miners) has to be the most volatile ticker symbol on Wall Street.
Yesterday I was bitch-slapping myself because I had a buy order in at $9.06... and it only got down to
$9.21 before shooting up to $10.70 or so. "Crap!" I thought. "I missed out.!" Of course, we're only talking
46 shares here, but still
So today, it's up over $11 on the open... and then starts dropping. I re-entered the same order and it triggered
It then proceeds to DROP even further, all the way down to $8.50! (we need a emoticon for hissy fits)
Last time I looked it had reversed AGAIN (againagain... echo ) and was up 16%
on the day,
But wait... that was ten minutes ago. Now it's dropping again, only up 12%
You guys should paper play this, just for fun. Also in NUGT and USLV. I hardly ever hit homers... but I do like triples
Yesterday I was bitch-slapping myself because I had a buy order in at $9.06... and it only got down to
$9.21 before shooting up to $10.70 or so. "Crap!" I thought. "I missed out.!" Of course, we're only talking
46 shares here, but still
So today, it's up over $11 on the open... and then starts dropping. I re-entered the same order and it triggered
It then proceeds to DROP even further, all the way down to $8.50! (we need a emoticon for hissy fits)
Last time I looked it had reversed AGAIN (againagain... echo ) and was up 16%
on the day,
But wait... that was ten minutes ago. Now it's dropping again, only up 12%
You guys should paper play this, just for fun. Also in NUGT and USLV. I hardly ever hit homers... but I do like triples