> Drops 40%, Please help me analyze this stock JDST?

Drops 40%, Please help me analyze this stock JDST?

Posted at: 2014-12-05 
Are you out of your mind? You invested in something you don't have a clue what it is. JDST is a highly leveraged ETF that invests in small gold mining companies. It is set up to magnify the gains - or losses - by -300%. Also, a 30 second look at their website told me that this is an inverse fund, so if gold stocks go up, the ETF goes down - by 3X the amount. You obviously didn't pick up on that. So you invested in a highly leveraged fund that invests in highly volatile stocks, basically the equivalent of going to Vegas and putting it all on a few numbers at the roulette table. It's win big or lose big, and probably lose big.

I've made a few dumb investments in my time, but thanks for making me feel better because I could never top this.

You picked an ETF that magnifies the gains and losses by 3 fold (3x). This is a hugely speculative ETF. This is called a leveraged ETF, meaning the gains and losses 3x more or less than the underlying basket of stocks. Not an ETF for a beginner. Additionally you picked it in a very volatile sector gold mining.

I'm new to trading so I will just a highly leveraged undiversified investment. What were you thinking?

You know that this is a "Bear fund" as well which means it goes up when the shares in it go down?

Im new in trading, and im in a bad luck these past 3 days for buying ETF $JDST, the stock has dropped more than 40% in the past few days.

Here's what i understood. $JDST is a passively managed fund. Since its an ETF, it has basket holdings. Few of the top holding are: Semafo Inc, Primero Mining Corp, OceanaGold Corp and more companies.

Here's the screener https://screener.fidelity.com/ftgw/etf/goto/snapshot/snapshot.jhtml?symbols=Jdst

I did checked all the individual company stock today and yesterday, all of them are Bullish (increase more than 5%). But why the fund $JDST drops around 20% just today alone???

Plz help.. Thanks.