Discussion in 'Trading' started by Dustin, Feb 20, 2009.
Anyone know the story?
its a gold etn.........should not be making such a move even if its 20x leveraged.......short it if u can.
unshortable thru IB
looks like free money to me.
Now trading at 4 times it's NAV.
Never traded much above 7% of NAV in recent history.
Only 26,000 shares traded and a $2 spread between bid and ask.
Should be an interesting close!
Whoever successfully applies to be the LMM to arca and buys a creation unit from ELEMENTS is sure in for a windfall. I wish i worked at a place that offered that.
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