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ProShares Short VIX Short-Term Fut ETF Message Board

cynical_guyy 5 posts  |  Last Activity: Feb 18, 2014 11:21 PM Member since: Feb 11, 2013
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  • Reply to

    Question for true TVIX longs?

    by ggray1956 Feb 12, 2014 11:01 AM
    cynical_guyy cynical_guyy Feb 18, 2014 11:21 PM Flag

    "Have you compared economic data to performance on any of the inverse VIX funds. You will find only one word for your results...yet its not. Scary...You may want to check the rest of your derivatives "Investments" to see if their insolvent also???"

    "Learning the difference of the correct usage for both their and there should be the first thing you do after reading this."

    And, perhaps, the first thing that YOU should do after reading this is to review the usage of "they're"!

  • cynical_guyy by cynical_guyy Jan 20, 2014 10:49 PM Flag

    "the feds will be on to him"

    Bob, the Canadian "feds" are already on to the real Wes Weber but may not be aware that he very likely might be violating his consent agreements from 2008 through 2012.

    From what I gather, Wes Weber was first convicted of forgery in 1987 at age 22 and convicted of counterfeiting Canadian currency in 2000. He entered a consent agreement with the Ontario Securities Commission in 2008 and currently is probihited from handling opm, other people's money, until 2026.

    I agree, Bob, that for the most part, Wes entertains us posting his polite and seemingly harmless narcissistic fantasies and self-homages, aka "lies". But when his posts are veiled solicitations to hook clueless marks, then he has crossed the line both morally and, in his case, legally...

    google:

    "wesley weber osc consent"
    "wes weber rcmp"

    CG

  • cynical_guyy cynical_guyy Jan 20, 2014 7:21 PM Flag

    "And she is no stranger to heavy loses. She bought over 50k of VXX a few months ago with the same strategy. Got luck and the position went up to 170k. "

    Thanks, Voxel.

    Who are we to judge?

    If she has a $3 million port, then she is gambling with golden crumbs. But for me, $50K would be an absurd gamble and excrutiating loss...

    Regardless, without crushing the greeks or wasting the time to dump a year's worth of VXX data and correlating the probability of VXX increasing 50% when VIX is less than 13, my gut tells me that the chance of her delta exceeding her theta is extremely small.

    But that's why I'm just a cynical guy...

  • cynical_guyy cynical_guyy Jan 20, 2014 4:16 PM Flag

    " This is speculation, not investing."

    Sorry, Rufus, by I respectfully disagree...

    This is "gambling", not "speculation"...

    CG

  • cynical_guyy cynical_guyy Jan 20, 2014 3:06 PM Flag

    "Hey wes.
    I have been watching your posts for longtime. You seems to have pretty good ideas about financially.
    I want to buy your coins. How can I buy it and how many can I buy it?
    Never bought e coins before. "

    Kevin,

    I certainly hope your jesting...

    If this "Wes Weber" is THE "Wes Weber", then you're offering to buy virtual currency from a felon convicted of printing counterfeit Canadian paper currency. And not to mention that this same Wes Weber is currently under sanction by the Ontario Security Commission for various illegal activities.

    Wes is obviously brilliant but I wouldn't invest a wooden nickle with him.

    Good luck,

    CG

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