Why are shorts "frauds"? If indeed any one is exercising "childish scare tactics" they're probably not traders anyway, just some silly hecklers. A true short does his homework, and is usually a better trader overall than folks who just go long in a stock and sit around waiting for the momentum to continue. You see the results here, yes?
You have a nasty mouth, boy. Does your mom know you loiter on message boards? Give me 5 minutes with ya in the tool shed and I'll show you which end is up.
People who continue to post ignorant rants like this totally miss the point of volatility trades. Doing an annual return calc. on UVXY is totally superflous, as it misses the objective of such an instrument. UVXY is intended from the get-go to be a short-duration trade, not a "buy and hold". It's meant to be a hedge against other types of equity trades. One CAN hold UVXY for a few days or even a week or longer at times, but those trades generally are facing quick turn-around, and should therefore be sold out quickly once a gain is realized. 2009 and 2015 are very infrequent exceptions to this rule.
.... since i've been away for a while, but if the current swath of posting content is any indication, perhaps it should have STAYED gone. With all the exciting things happening at GE these days, and the global impact this re-emerging company portends for the future, the content here is a total insult and frankly, an embarrassment.
In particular, all of these political hacks should really just jump off the short end of a peer.
If anyone cares to post something truly useful, I'm all ears, for the next week or so, but otherwise, i guess the rabble will have their way.
The only explanation for this dumbest-of-all-dumb posts is if you were sitting in UVXY before today, and expected some sort of spike up. Failing this, no comment is warranted.
Instead of trying to impress a bunch of anonymous posters with silly fake trades, perhaps you should try to impress your mom by cleaning up that despicable room of yours!
REALLY silly post.
Looking for a few laughs? Okay, here .....
lol, lol, lol, lol
That should hold you until lunch.
Your statement is completely wrong. Beginning last August, markets have entered a period of increased volatility. With the VIX dropping below 14, that's a signal to consider hedge trades in volatility. Historically, a dropping VIX into this territory signals traders to stay alert for volatility opportunities.
UVXY, VXX, TVIX are certainly NOT investment vehicles .... they're designed to reflect options biases the S&P 500. Applied properly, portfolios can be leveraged successfully. Further, look over the last 6-7 months to see how UVXY moves during periods of heightened volatility.
Hope this helps your lack of perspective.
" Will trade to pe of 7 or 8 after earnings! Fact! "
lol ..... the only "fact" is that you're a Dork.
I guess Warren Buffet's an idiot, yes? (hint: that's why HE'S a billionaire and YOU are posting on an anonymous message board. Something doesn't seem to add up ....)