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ProShares Ultra VIX Short-Term Futures Message Board

  • unemployedman2001 unemployedman2001 Jan 29, 2013 4:47 PM Flag

    Stock Market 101 - How To Trade For Imbeciles

    I can't believe I actually have to do this. Look, I teach people how to trade in the market for a living. We have been using this as the most basic, elementary, bone headed, simplistic introduction to shorting as there possibly is. Shorting stocks can be dangerous, but it can also be very profitable. With this stock there is absolutely NO danger or risk involved and that's why at our school we use this stock as a way to boost our students' egos and introduce them to shorting.

    Most stocks in the thing called "the stock market" are volatile and subject to price fluctuations. NOT this one. This stock consistently loses 5-6% of it's value every single day of the year. Even on a rare day it stays even is no big deal; we just know it will sink the next day. Why do you simple minded people think this thing will all of a sudden "reach a floor and go up" when it has gone down consistently, day after day after day after day - FOR OVER A YEAR!! You people, quite seriously and no kidding intended, really need to be placed in a padded and locked room for your own protection.

    Look, this thing is headed towards under a dollar. I guarantee you it will be under a dollar by the end of February. The first test will be when it breaks under 10 by the end of the week, if not before. I don't know where it will end up, but it will definitely be under a dollar by the end of February. I've been trading a long time and I'm very rarely ever wrong.

    This is nothing but a fraud investment. No one could be this stupid as to even accidentally mismanage a fund this bad. This is a short's dream and we will ride it all the way down to the dust bin of history. And it's history will only last another month or so.

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    • jondow69 Jan 29, 2013 4:51 PM Flag

      hey new bee, yeah new bee, this POS is not going to a 1$ by feb 28, no way no how, #2, most retail guys can't get shorts! and some brokers call in your shorts when you most need them!, as far as trading 101 XIV was the trade since june 2012, and the movers have been XLF and XHB, see yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa professor!
      psps i do agree this is a scam, but 1$ by the EOF? no way!jmo

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