This Tesla 3x ETP of GraniteShares is a money machine for investors
Part of the GraniteShare team was at Euronext for the market opening ceremony/ring bell
I am happy to share with you a few pictures
Insane. Thought we’d have a pullback by now, but it just keeps going.
Week ending 5th November, top performing ETP
Top long: +3x NVIDIA (3LNV) +52.1%
Top short: -3x Moderna (3SMO) +125.9%
Past performance is no guarantee of future returns.
Can we have a 3x rivian short please.
Noted, the message is passed to the management in NY
Hi, Marc. What is going to happen with our shares ( 3x Long Tesla ) when in the future Tesla split the stock ?
Nothing happens. The GraniteShares ETP tracks the performance of normal Tesla stock on a daily basis.
If Tesla did a stock split it would not effect the number of 3x Tesla Long shares you have.
I couldn’t have answered better than MaxZorin
All explanation about corporate action are available via this link: https://graniteshares.com/institutional/uk/en-uk/education/corporate-actions/
In these times of high volatility on some stocks/assets, I would like to remind you how works the stop loss mechanism on leveraged ETPs. This security prevents the value of an ETP from dropping to zero in a single day.
What do you think about the new ad of GraniteShares promoting 3x Tesla?
Week ending 26th November, top performing GS ETP
Top long: +3x Moderna (3LMO) +77.2%
Top short: -3x Safran (3SSA) +31.50%
Past performance is no guarantee of future returns.
Hey @Marc45
What happens to Baba GraniteShares if Baba gets delisted?
Will it continue to track on a new exchange?
Thanks.
GraniteShares don’t have Alibaba ETP, you must ask Leverage Shares who have a lot of chinese stocks. At GraniteShares, we have only NIO 3x/-3x.
if the underlying stock (NIO) is delisted in the US Market, then the solactive index will be terminated and the ETPs will be cancelled and the investors refunded.
It will be an early redemption.
Oops Sorry Marc, thanks!
no problem