Have you been here long? This and other Inverse Funds and Notes are highly funded against being successful and for a $20 bucks TVIX would take a WW3 or Zombie Apocalypse. Actually the way they have tried so hard to destroy this inverse fund, and for what seems to be unlimited cash on the short side of TVIX, it may take both WW3 and ZA to get to $20. The only way TVIX flys by 20 is when the other side gives in and I do not see that happening any time soon...And then again it could happen tomorrow...Good Luck!!!
I had enough info for a 65/35 shot and it being higher today. Mostly an Oil analyst that I sort off trust. He also had mentioned the VIX was losing steam to fast. He also said the VIX will follow Oil while it’s at these levels. Be careful though, TVIX is still a very hard trade to hold more than a few days. I bet someone consolidates. Sloe-Lim-Berger through efforts from Hallibilly may pick up a few smaller guys in the PKD, GTE, or SN range size. I would like to see PES do something also. PES looks to be a great buy today...it got blasted!!!
I had enough info for a 65/35 shot and it being higher today. Mostly an Oil analyst that I trust. He also had mentioned the VIX was losing steam to fast. He also said the VIX will follow Oil while its at these levels. Be careful though, TVIX is still a horrible trade. I bet someone consolidates during this brief downturn. Still not convinced we are testing low, yet it should a good enough reason. I personally would like to see ShoeLimblessBerger with efforts from Hallibilly pick-up a few smaller services guys in the PKD, PES, GTE, or SN size range.
Of course...Investment usually implies something of value and possible return. And...YES, I am fully aware of their legal fraud protocol involving the incredible non-volatile..."Volatility Index". It can be volatile, but only at the request of its majority owners that link themselves through a maze of the "Days of the Futures Past" of deceit through those things we call derivatives…right?
I am not a Cramer fan, and I was a little shocked he said to SELL on resent strength on his show yesterday. Well take it for what its worth. Some people love the guy!!! He is real good for 1 day pops, but anything more is questionable...Have a great day!!!
That's got to be it...Just seeing it below $42 is a shock!!! Some longs are profit taking, but a lot of shorts are still holding. Should go to $43 today...We will see!!!
There are still a lot of shorts in YHOO, and its probably going to have a new base over $42 by the close of today and $47-$48 real soon. Maybe its because we haven't tested the full correction yet, some shorts are still holding???
Maybe we will have a Zombie Apocalypse today, so TVIX will move a few cents north again. For any of you that thought this investment has much better odds than that think again...You should know by now, that unless we have Geo-Political or Sociological events on a regular basis..this baby is going to continue South!!!
"The new phone books are in". We closed over 2 bucks. For ones that have not seen the movie... its an exciting event just like the first time we seen our name in the phone book!!! Let's hope this excitement continues.
TVIX as an investment is like buying a Silver coin from your broker and find out its electroplated. To the folks that trade coins know what I mean. Electroplated coins are a useless metal that is basically spray painted with Silver. A $25-$30 dollar coin become basically unless. It looks just as good and you paid almost the same, but in the long run you think it will appreciate, but it doesn't...Why?...No matter how long you keep it...it still doesn't contain enough Silver worth extracting.
Did you see how much its still making even with last quarter's revenue drop. It maybe there only BIG hit, but there are other games filling in KING's prior revenue stream. We have 300 million people in US. They went Global and now have a chance at least 5 times the client base possible. Pretty good come back strategy until they can pull another rabbit out of their hat. Analysts know this, but for some reason (none of us know) is the reason why a large revenue (loss) from the norm will always get you put on Wall Street's S-List.
I just do not get it. Even when it has a day where it should break out, it falls short around 2 bucks. Someone or something really wants it to stay here. Hopefully it will break out.