Greek talks have broken down and the market is flat to down...AND TVIX is flat!!! Hard to believe!!! Obviously Greek issue is not going to create an issue with the markets...SO FAR!!!. If the Greeks abandon the Euro others may also. This should create chaos with European markets, but the US market just blew it off. Its all about the easy $$$ flow and as long as it continues the scam will continue.
There is one thing to be concerned about...This move is also going to make it easier for insiders to dump stock if they wanted to dump more then average. Having the strong earnings report, higher stock price, and the excess of shorts that have not covered yet is a perfect environment to dump blocks of stock. Keep an eye on insider trades. If its relatively high, then its probably a clue that future guidance may not be as strong as company forecast.
Another special dividend was a smart move by the company, because short interest rose quite a bit prior to earnings, stock still appreciated, and current stockholders are happy with the current stock price, which was a result of a lot of covering (pre) and (post) earnings.
Some stocks may be different, but REIT's and other investments I've had always go down the day before or day after. It is funny when they say they are giving you a DIV, but the stock goes down in paying it...So technically, you were giving yourself a DIV.
28.48% short on Jan 30, 2015. Does anyone know of a website that tracks short positions real time? Does anyone know the current short positions percentage as of 2/13/2015?...thanks. I think many shorts covered the week leading up too, and just after earnings...BUT if that number is still 20% or better then we will be in for a big squeeze. The question is when they will dump them. I would think only Hedge Funds hold the majority of the current short positions, so when will they dump them?...As people took profits was a good time, yet stock was up most of the day more then 15%, and closed up 13%. Shorts still in the game may wait closer to DIV x-date to unload them, yet if the market rally's KIng will most likely climb so what does a short seller do?...Anyone?
Dude...These guys at CS; in my opinion are criminals. Just because its bounced off $2.50 level back towards $3.00, when the VIX has settled in a certain zone where it currently resides, doesn't mean it will continue doing that. We should still be ok this time...Mainly because there is so many Global issues that could escalate over the weekend. Most are expecting the Greeks to roll with the plan and that's why there market's been up. If you know the Greek's like I do...anything can happen. They are a very proud people, yet money does talks and BS walks.
The weird thing is; we are in worse shape now from a debt perspective...and it sells for less then 3 bucks. If that does not tell you how corrupt these markets really are by easy money and bloated derivatives NAV's then nothing will...
What DIV? I thought that .46 DIV was a one time payout. I do not see it listed to pay again X-DIV and payout date in not there.
CNBC "Bulled" the market all day long. They did not mention much about the large troubling issues here and around the globe. At 2PM EST, they changed there very positive views on everything and "guess what" the market lost most of its gains. Anyhow, there is some fear in the market regardless of the low VIX number. Even though TVIX went positive, I am still going to carry my shares over the weekend. The VIX bouncing from 14.79 to 15 and change...Its low enough to see what the weekend will bring us. Its really hard to hold these VIX notes with all the lies, but at the same time you need to watch out what you have in the market long and short going over the weekend...Good Luck everyone!!!
Lets face it folks, they may say they are on to inform and help the average investor...BUT anyone that has watched it for any period of time knows there interests are not for the average "JOE". Be careful, do your homework and definitely take what they say with a grain of salt. Next days program may be just the opposite!!!
What shorts are still in will most likely cover, if they haven't already...BUT their will also be a lot of selling. Especially investors that entered at $11 and change. Do not expect it to go much higher anytime soon. The short positions is low, and people will be taking profits today. Most investors will take at least some of there positions off the table. Good Luck!!!