GraniteShares 2x Long AMD Daily ETF (AMDL) — ()
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AMDL - A Useful Speculative Tool, Not A Buy And Hold
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Sentiment: Positive ()
AMDL is designed strictly for short-term speculation or hedging, not for long-term buy-and-hold investing. Daily leverage and derivative use cause performance decay over time, making long-term holding unwise and likely …
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About GraniteShares 2x Long AMD Daily ETF AMDL
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Advanced Micro Devices, Inc., (NASDAQ: AMD) There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 2 times the cumulative return of AMD for periods greater than a day.