Hey Dumbsters - who cares about data as long as you can trade CASH settled options on VIX as much as 4.8M contracts or 480M equivalent VIX shares DAILY ..
Is that volume too little for your book ... I bet with your friggin head you can't even buy a couple of VIX trades that is if you've not gone BK already with your peanut brain.
#$%$ is that argument? Has no meaning - Direct VIX trading (outside of funds) constitute 90% of VIX trades. Only small positions trade via FUNDS (why pay FEES to them for simple short VIX positions or long VIX positions)
Alibaba went live with 1000 cabines
MSFT Azure went live Q3
IBM cloud live in Q4
China Unicom and CATR and many partnerships
60% growth in EBITDA .. Many positives here.
Weak Q4 guidance was primarily due to delayed IBM launch (by a quarter) and MSFT Azure taking time to ramp up.
Listen to Conference Call and Decide.
Plus the company bought back 30M USD worth of shares and still has 70M worth pending ... They will STEP in and BUY ... If you're short and selling shares, you're helping the COMPANY buy back cheaper SHARES.
And more expansion .. Shorts will eat cr@p soon
With over 700M RBM EBITDA run rate and 3B RMB run rate, the stock is very CHEAP .. You can't find a similar company trading this cheap on revenue multiple, EBITDA multipke growing at 60%
Despite multiple scares and corrections this year, the performance of SVXY as of today beats S&P by over 50% margin.
Wait .. its going to get better once the VIX gets killed in Dec Holidays!
Stop posting idiotic ones like DOW 100B ..
SVXY or VIX trading can be profitable regardless whether DOW reaches 100B or remains stable at 20K in 10 years.
All we need to do is step aside in months like October (at least part of such volatile situations) and reenter when calmer waters resurface.
The returns on shorting UVXY and long SVXY with periodic adjustements can produce wonderful returns. My returns this year on VIX trading (short UVXY and long SVXY are over 100 YTD) though SVXY is barely up for the year.
its how you play them .. And Dow does not need to be at even 10K in 10 years ..
I bet this em has not made one straight winning trade while he is constantly bashing me with his washed up theories ..
If you hold SVXY without stepping out in high volatile times (last Oct was an example - exited XIV at 41s and re-entered at 28s) you could turn 1K to 1B in 10 years trading SVXY (or XIV or shorting UVXY or simply shorting VIX futures). I am on that path and in fact ahead of the "PLAN" right now owing to some recent success with the VIX trades
You're warned not to reference me to that Bobwins! I have no idea who Bobwins is and what he says with Dow going to 1B.
Contrary to that I say DOW can remain under 20000 in 10 years and SVXY will flourish.
Reason SVXY did not gain much this year couple of huge and one minor correction this year. Early Feb and mid Last month were brutal for SVXY with volatility spiking past 31. If you could step aside those massive volatile crisis Ukraine/Ebola/Euro-Growth/Oil-Price etc. (like I did for part of Oct), the returns are not bad. Even if you did not, SVXY is still +ve and UVXY (which I am short) is at all time lows. Plus the year is not over .. Next 40 days of low volatility (holiday season) with no turbulence while S&P is range bound here will mean one thing SVXY will end up over performing SPY
Revenues are expected to be over 7B next year based on the warehouse expansion plans. VIPS will be seeing $50 next year IMO
No .. he loves China eComm space dude. Especially he recommends owning China eCommerce stocks based on underlying societal wave of change there (1.4B people moving to eCommerce skipping OFFLINE completely). Its like INDIA skipped LANDLINES and went directly to MOBILE (1+B mobile phone in India now)
MW actually loves VIPS - That group is long VIPS vs. other #$%$ names! They love China eCommerce as a whole!! Muddy never talks of LONG positions but only SHORT positions. In the face of many of his SHORT positions backfiring, what's helping MUDDY is core long positions in BABA and VIPS. He loves eCommerce in China (he can see packages flying too - I mean his people on the watch in China)
I agree it is not scalable for now (but derivatives on VIX are huge - lot of big players trade VIX options directly - they don't go thru VIX funds) at Billions ..
But how many on the board are trading even millions? we'll change strategies when we get to Billions ..