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ProShares Ultra VIX Short-Term Futures Message Board

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  • tonyforgoog tonyforgoog Mar 13, 2012 12:41 AM Flag

    wimaxjunkie sates UVXY off short list as of 12 MAR

    pretty good find

    now we have a fair game

    note: this means those who don't have shares don't want to be short for whatever reasons.
    2 possibilities:
    - they expect upcoming spike so without shares the price could rise substantially (i.e. short cover on steroid) So, they close their position with supreme gains
    - they realize SEC could be watching after so long. potentially since the inception of this etf

    my guess is this bodes well for those who long just marginally because uvxy can be naked short again if vol keeps dropping

    nonetheless, this could be the first sign for a change of direction (or at least closer than before)

    today i went to SEC website and found where I can file a complaint so i guess there is no need for now.

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