"pink" is 20th vernacular for "communist"; also "pinko" for an individual with left-leaning tendencies. This may be a reference by albismuh to the "Communist Party of China" which governs the PRC.
More than a 100 new posters, i think, and they've arrived sporting a justifiable swagger, every one of them is a self-appointed stock guru. i have to admit though, anybody who bought this ETN under $6 is doing very well these days, as long as hes sells it in time. Most of them can't read a chart, and don't realize $12 WAS the "low of the year" not long ago.
And what language was that? Imbecilic euphoria has been known to interact with Broca's area of the brain, which controls many speech functions.
How's your MJNA position doing goldrain? No i don't think i'll apologize to you, but you could diddle yourself some more, and that might make you feel good too, or you could get moose's phone # and work on each other.
Good point goldenrain! i concede - you're the man. Now just hold onto that TVIX long position, and i'd say we'll talk again, but you probably won't be here that long.
My original position - about 10K shares at $3.80 - is now 10K shares at $1.10. So, technically you're right, and i'm only up about 70%, or $26K. One arguing point for you. I still get most of the cash.
How thick can you possibly be? There is no question of "perfect timing". In fact I have held TVIX short for almost a year... through every little pop as well as through the inexorable price erosion, and over that time, i am about 400% green. You on the other hand bounced onto this board recently, ranting, raving about your timing this week, and have already postioned yourself the resident TVIX expert. You are the biggest Stage 1 fool i've seen on this board in a year ~ a complete bufoon: 1+1=2. right?
Anyone who was listening to me would have noticed i recommended shorting at $10... i did better than that by adding another 3K shares at $14.40 yesterday, and averaging my short position north of $38. So, hang onto your TVIX long Mr. moose, and your pants. Remember this genius: 1+1 = 2.
That's it. Stick to 1+1=2. ~Don't try thinking outside that box or you will certainly get confused.
The thing is, to all us "imaginary shorts" - the guys who have been here all year long, much b4 you showed up - TVIX is just worth just $1.05 (pre RS June) down from a range between $3~$5. So, while all you muppets are dancing and waving your arms because TVIX has nearly doubled to a buck, the resident shorts are up 300~500 percent. But, i reckon that's going to be too complicated for you to get.
You really need to look at the TVIX YTD chart, before you start posting. You know, look b4 u leap ~ chart before you post... certainly look at a stock chart before devising an investment plan.
Congrats Rayban... by the time i had read enough to figure out it was a panic reaction, TVIX had given 30%. It was quick today. VIX rising again now... maybe i'll have another shot at it.
I woke up late today and missed the whole thing. dang. Maybe it will head back to $15 one more time today...
Just a bit under the 200 DMA. This is a good thing. Every now and then a stock must test support lines well under its DMA.
It always seems to you guys that "Rome is burning" whenever TVIX pops - and i've been on this board shorting TVIX for over a year, though the end-of-world Ebolas, through the end-of-QE hysteria, and the Greek drama, but in the end TVIX longs always lose. That's just a fact of life.
I guess i'm losing more than you because i shorted at $3.44 and covered at 81c just before the reverse split. Then i shorted again at 10.03 during the Greek referendum drama. You may think you made somewhere north of a $100K shorting TVIX this year, trem, but if you apply adventure-math, you will learn you are horribly mistaken.
Well "2x VIX" is the name of the game, but what they are representing is that TVIX will increase approximately by a ratio 2:1 over VIX futures.
VIX futures closed today +15.72%
and TVIX +32.12%
I consider that amazingly accurate tracking.