Equity Oracle: 07/17/14

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NUGT tracks three times (300%) the performance of the NYSE Arca Gold Miners Index. As a leveraged investment in the gold mining companies, it’s important that we properly manage the risk on these shares while giving the price enough room to breath. We are using a $10 risk per share calculation, which is the widest margin of error we’ve ever used for a stock under $50.


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AJ Monte

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