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$T-Rex 2X Long MSTR Daily Target ETF (MSTU.US)$ Why is it fa...
$T-Rex 2X Long MSTR Daily Target ETF (MSTU.US)$ Why is it falling when mstr is rising???
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JD72282267 : Fear caused by the split not being well done by brokerage firms. The #shares was not updated at the same time as the price changed. So people who had 160 shares at 164.30$ ended up with 160 shares at 18$ or less, so panick occured. It should re balance equally with time. It is taking days for brokerage firms to adjust the 10x number of shares. Crazy that in 2024 not done in real time, seems very hard to multiply by 10. But the manager of Rex explicitly told me all the info was sent past friday. So people got scared, and are selling.
JD72282267 : The split was a little destructive short term .
Ryga OP : I see, hopefully it gets sorted out soon lol. Thanks for the explanation man, appreciate it