I don’t trade them or know much about them but I don’t think I’d do any long terms option on them with gold. From what I seen they like to hang around Gdx and its counter part. I don’t think it influences too much the ETFs because they seem to only reflect the stocks in its portfolio for that day. ETFs are dangerous because of it. You can lose money and some like to reverse split.
But then so can some stocks. I held some but not in large numbers and Timmins did a reverse split and name change. Plus charged me a reorg fee. I saw the name change coming but didn’t move to get out so my fault. Goro was giving me monthly divis though. Haven’t checked for recent Divis. You can’t hold these stocks long and forgetsbout it. Can’t with any but especially PMs or ETFs.
Options traders
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.