A true traitor, a pimple on the buttocks of this once-great nation.
You dumb butt! Heck no I didn't kill myself I shorted more and more. Enjoy Yellen's backwash tomorrow- she gotcha.
Yellen is working on one hot stinking mess in her diaper tonight- ya'll get it with both barrels tomorrow. She knows all about technical support levels. Everyone knows they are never raising rates, not even 0.25%, not for 100 years.
Ya'll are sounding desperate for a bear market- Yellen is cooking up something real nasty in her diaper tonight and tomorrow it's going right in your face.
Massive bear trap- good Lord tomorrow could be Dow +1000 and UVXY -50%.
Everyone, this is a fake Schizo. He is 100% bankrupt at this point, he was 250% short VXX at 16 and it's 30 now. That's a wrap.
When he says "all in" he means literally every share they will allow him to short. So he was probably 250% short VXX at 16.50 when he posted that. So, if we assume he had 100K account, he shorted 250K worth of VXX. He would have gotten a margin call Friday afternoon around 20 on VXX, when he would be down to about 50K account value. Meaning he could hold 125K worth of short over the weekend. So when VXX opened in the 28s, he had negative equity in his account.
But wait- it gets worse. Probably he did not cover the margin call Friday since he gets 3 days. So at Monday's open, he's down 75% on VXX short. So his loss was about 187K on a 100K account, leaving him with -87K in equity. If we knew his real name we could watch for a bankruptcy filing.
Folks, I've been around these boards a long time and corresponded with him offline.
When he says "all in short VXX" as he did when it was just over 16, that doesn't just mean 100% of his account is short. It means he shorts the maximum allowed. So, if he had 100K in his account at VXX 16, he didn't short 6K shares, he shorted 15K shares. When VXX hit 28 on Monday, his account would have shown a loss of $12 per share on 15K shares, in other words his account went from 100K balance to -80K. He was taken out at the open and we sadly won't hear from him again, but it sure is an important lesson to learn.