You guys are rolling the dice for pennies. Are you buying 10k blocks at least? These little fractions are a drop in a dry bucket.
Greece is not going to have any real effect on Brent, one way or the other. I wouldn't focus on Greece, but rather, the Saudi's continuing to pump at record volumes, and yes, Iraq increasing output will dampen the market too. The mere numbers of full tankers out there trying to deliver oil to global customers is a telling indicator.
" When you have a management that have their own interest ahead of shareholders, "
What organization DOESN'T ? :-)
btw, how is an investor losing with a div rate as high as this issue? $1.72/sh is pretty attractive to me.
Learn how to type first. Then post .... good strategy.
Nice stab at comedy .... but your typing is too bad to sustain any real laughs .... except at you.
The VXUP went down because the VIX was down .... yes? What's not to understand about that? Further, the VXDN went up for the same reason. They're doing exactly what they're designed to do.
As far as "accuracy" is concened, forget about "exact tracking" right now .... these things are new and will take a while to smooth out. The trading volume's so low that of course their price action will be mixed.
Man, they just opened. Volume is low. You've got to give these vehicles some time. Why not toss your $'s away on the ole tried-n-true UVXY ....
Hey, there's good news fer ya ...
Accushares next week is launching two new ETF's for VIX trading .... a whole NEW way for you to lose your shirt.
Finally, you hopeful losing traders in VIX will have a new set of trading tools to, MAYbe, MAKE some $'s with, instead of continually throwing money down the UVXY drain.
You characters should take a chill pill & and cease trying to call moment-by-moment moves. Try to look out at least 1-2 months, rather than 1-2 hours. Better still ... and here's a real dirty word on these boards .... try to size up an INVESTMENT opportunity.
" Stock is climbing to new highs today "
I guess if you're standing on your head, it is.