Does feel like we will see another pop to around 50. Depends on if we go down slowly or quickly. If we go down slow VXX won't go down much.
I don't think anything happened with the company. Most likely something with a competitor or some type of new regulation.
I've been reading on message boards about people being charged on their cc's when they sign up for a free month of premium service. Sounds like an unethical way to make money.
Stay short this position forever. You will make a lot of money that way over the next couple of years.
Got it at Goldman a couple of days ago. Should show up today at Ameritrade. The value of your AAMR stock is up about 25% since the merger because of the leverage.
The value of your AAMR shares are up about 25% since the merger. The reason is that as AAL goes up they need less money to pay off the debtors. This leaves a lot more for you. My guess is that when AAL goes up 1% your AAMRQ goes up by about 3%.
My guess is that will announce a bad Q4 later this month. Sales of about 1.1mm and eps of .03. Q1 will be up dramatically. Sales as stated by the company of around 1.7mm and my guess is eps of .07. If they can run on all cylinders next year they could earn .30 -. .40. In that case the stock could be 6-8 by the end of 2014.