by Robert Appel
Triple-Digit Gains Coming for JNUG Stock?
It has, in fact, been barely five months since I first put forward my longshot pick of Direxion Daily Jr Gold Miners Bull 3X ETF (NYSEARCA:JNUG) stock for our readers, but the return to date (based on its closing price on Friday, June 17) is the sort of return you would be happy to get even after five years.
Here is the update:
1. Based on a simulated model where the January 2016 purchase of JNUG stock for the longshot pick at around $23.55 per share, the potential gain to date, as of last Friday’s close, is 603%.