Does anyone have any thoughts on where TZA will end up today, or what the high might be?
Who cares??? We are bottomed...question is when and how high it will go. Looks like that question will take about a month or two to be answered.
I think it could hit 20 again (before the reverse split) when the VIX bounces off 15. JMHO
wait til late feb
I think TZA will see 40+ this year. Unfortunately it will be after the next reverse split. Expecting another 1 for 3 this time.
I would believe it's the bottom if I was confident the Greece deal was a dead in the water.
Personally I would wait since there is a strong chance the ^RUT hits new highs. That would put TZA around 16.50 which would be a good entry point.
Unfortunately I got in at 20.00 and just want to get out at 19.00 or above. I'll never trade a shorting stock again, this was my first and my last.