its a gold etn.........should not be making such a move even if its 20x leveraged.......short it if u can. unshortable thru IB
Be careful. 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.