Last time we had a 2-1 stock split at around 140. Do you think we will get a 3-1 or 4-1 stock split this time? I am trying to figure out at what price will SVXY be trading by 2016 end of the year. Thanks a lot!
Cynical. Hablas Espanol? De donde eres? Yo creo que el split no hace ninguna diferencia. Pero hay inversionistas que prefieren comprar a 3 shares a 50USD y no uno a 150USD aunque sea lo mismo. Anyways. Just wait and be paciente no?
cynical guy, I am very intrigued by your comment in another thread about going long SVXY basically...forever. Even if it does collapse due to temporary backwardation (which doesn't last very long), when contango takes over eventually, it will recover and get back up. The trick as you said is to not keep it in margin and have extra dry powder to average down when/if SVXY does drop.
Have you by chance looked into buying puts on UVXY?