Never take the loss.........52 week low was 9.35 area. This is not the end of the European Brexit mess and the market volatility with 2nd quarter earnings which could be rocky. This is far from over. UVXY could go a little lower but hold tight. I'm sure we'll see $15+ again and then is the time to exit and re-enter in the $10 to $11 range. Also, keep an eye on gold.....Once it rises dramatically usually vix spikes. Once you sell it's over and you eat the loss. Don't let panic sway you. Just be patient and hold.
I don't care. I'm a long term investor and believe the guy is brilliant and will grow this company to unbelievable heights. Didn't buy FB to short it. If you feel that way cash your shares in and buy something else....but if you're smart....Hold and wait to see this company exceeding 200 in the next 3 years. Good luck!
Heading to 35 in the long term and 25 to 26 short term. The recent dumps were because of very light holiday trading and interest rate hike fears that were media driven. A 25 bp hike in June will have the same effect on this etf as a flea on an elephant's #$%$. Look at charts for gold dumping in fear of the last hike in December and guess what happened in January? Great time to add to your position for the long term.