If you listened to the people who have been consistently making money for many years shorting this, you would heard us say everything you are saying now. So why doesn't anyone believe us until they lose a lot of money. Tvix is based on VIX futures and VIX futures lose money. So how can anyone claim that CS isn't doing their job correctly. This stock is supposed to lose money. If it made money then CS would be doing their job wrong.
The word dip implies that a stock goes up after it goes down and not just for a few days. But if you look at the 6 month chart I don't see much of anything that looks like a dip. I just see down. I think you have to be religious to buy this stock. Someone who relies on blind faith rather than evidence.
Dumb are also thinking that they can invest in a short term stock like tvix based on long term trends. They may be right about the trend but certainly wrong about what to invest in to exploit it.
You can do like me and wait for the VIX to get above 20. Nothing wrong with being in cash. At least you don't lose money.
Also, if someone says they smoked pot and didn't notice any ill effects then all they have told you is they had little to lose. Basically they were dense to begin with.
This issue is the last on my list of concerns. They have done extensive studies and shown that people who smoke pot have declining scores on IQ test over time. But I won't tell someone that they can't turn themselves into a dummy if that is what they want to become.
The Democrats just use taxes to move money around so that they can buy the next election. If you have become financially dependent on them then obviously they have you bought and paid for. They own you.
Look at all the pension spiking that has been going on. People who boost their last years salary by enough that they make much more in retirement than they made while working. And the Democrats support this. The government doesn't even frown on it because your boss, your bosses boss, and his boss too are all doing it so they last thing they want to do is stop it. The fox is in the chicken coop and the Democrats helping them. Government employees are taking money from people who make less than they do so they can live 2 to 4 times better than they do. Now that is corruption as pure as it gets. And will you get a Democrat to crack down on it? No because these are the block voters voting them into office. The party is just corrupt to the core and they are in bed with the people ripping us off. And they could care less about solving the real problems because they never do. You elect Democrats and it only gets worse.
TVIX never gets over sold. It is always worth exactly what it price is at any time. It is nearly impossible to predict in advance what may happen to drive the VIX up rapidly. But once it spikes up it is pretty easy to see that it is at a point where it won't stay for very long because volatility never stays high for very long. But it can stay low for quite some time. In the mean time the value of the futures options they invest in decays in value and they will create shares or retire shares to ensure that TVIX perfectly tracks that declining value. This makes holding TVIX for any length of time a very painful process.
Agreed, it always goes below a dollar before splitting. Has to or delisted. So it won't be for another 4 to 6 months. It will take longs about that long to lose 2/3 of their money is my guess.
TVIX has no intrinsic value other than the time value of it's futures contracts which is always declining as expiration approaches and the value of how far in the money the contracts are. To know if it is under or over valued you would have to see if its implied volatility verses it's actual volatility were out of whack. I haven't done this but with the market volatility being so low I would think they have already converged by now.
I can guarantee you that the arbitrage traders have zeroed out any discrepancy between the futures contract prices and TVIXs price because if the haven't they are leaving profits on the table for no logical reason. Since this is done by computer programs now days I can pretty much assure you that these discrepancies get zeroed out within milliseconds.
Computer algorithms have made discrepancies between ETF prices and their underlying a thing of the past. They don't exist anymore. Except when people buy and sell in after market creating prices that would not normally exist if the prices were arbitrated.
No worse than Jack Daniels.
I don't think he cares. Remember, Trump is not a Republican because he wants to change people to the ultra conservative way of life because he doesn't even believe in that himself. He's like me. He just doesn't want the Democrats to be in office so they can focus all their energy on how to take money from Republicans and give it to other Democrats rather than focus on how to get people working again at their normal salary range which many have not done in a very long time. One does nothing to fix anything and just moves money around. The other tries to fix the root cause of why jobs were lost in the first place. If the Democrats had any intension of doing the latter they would be doing it now. And they aren't. Because its not what they do. Its not even in their rhetoric to do this. As far as they are concerned, currency manipulation that causes us to lose jobs over seas isn't even a problem they should be concerned about. They don't even talk about it. So if they had any intension of solving this problem they would at least say it. Kerry says he welcomes the age of open borders. That's great. More people to bleed us dry but will definitely vote Democrat for the hand outs. So whose side are they really on? Us or them? its not us because everything they do makes me have less money and forces me to work more years before I can retire.
You advertisement trolls are like the telemarketers of the message board space. Don't imagine for a second that you aren't low lifes that you are. You make coming to these message boards a irritating experience so that is what your contribution is, which is to be a pain. Why keep posing for the same site over and over? We have seen it already.
I'm probably taking to a computer program.
He has probably heard the term MM on other message boards for company stocks where they actually exist, in an algorithmic sense, and he is trying to act like he understands something about this process.