description of UVXY....I had to copy and paste.....
"Very rare cameo Doc. Only for you, and yes, you MIGHT miss a "pop" up on long sued of UVXY, but never rationally use UVXY as a proxy for a Bear Market. You might win the lottery ticket and be there at precisely the right time, but if you read the Prospectus and pull up a Max Chart(admittedly didn't exist in 2008), it is designed to deteriorate, reverse split and degrade. If you're convinced the Market is going down, reverse SPY, QQQ, DOW, or IWM products reliably track down direction quite accurately. UVXY is based on future months VIX levels, and is prisoner to Contango, or the less frequent and less long-lasting backwardation.. The only Winnng position(short of a meteor) that can be held long is short, and one must be quite flush to endure paper losses and leveraged issues.Even in a down market, volatility subsides. It's for degenerate gamblers and very rich and non-leveraged longs who, in times of rising UVXY (usually short-lived) just sell calls against ridiculously amassed LONGTERM paper profits unless already skimmed. Special deal Doc. It's not a "stock" or even a normal ETF. This message will self-destruct shortly:)"
is around $24-$25.....not saying it goes there in a straight line. Longer term the company should be able to generate free cash flow and pay off all of its' debt. I get a kick out of all the haters when the company was significantly under book value and yet was still earning over a $1 per share and now free cash flow positive. If anything goes right at all in the US market....it will be fun to watch the scramble.
bobvastupid.......I have tried not to post...but...I must. You are a total f...... idiot. Go back to stocking the shelves at Wegmans
bobvaliar....you are an idiot. Are you going to Chicago for the IHH Show? Let me know..... we can have some coconut water together !
bobvaliar.....are you going to Chicago or is it another fantasy trip in your warped mind?
by the way rp....you could of bought the stock for $ 11.70 on 2/12/15...it hit $15.7 today....so you could of made $4.00 in 6 days or 34%.....suks to be you
I am starting to buy the stock again....sold in the upper 80s when all the old insiders sold (Fabiano) I was mocked shortly after selling as I thought the she stock would get into the 30s...well here we are under 25. Spanspur have you been here the whole time?
hey rpk.....I'm buying more here in the 12.9 range......maybe I will get lucky and buy some cheaper
oh bobby....last year they announced on feb 25 th....in 2014 it was on feb 26th.....in 2013 it was on feb 20th