I would love to be in a Fund Managers meeting reviewing TVIX. I would bet its a joke. I wonder how someone with a 97.8% long term (loss) keeps a job? I know why...I would bet you a dime to a dollar that Inverse Funds/Notes are there most profitable instruments. They leverage them every way to Sunday!!!
There public/investor relations are the pits. They just do not care. I wonder if the employees even buy stock? If I had as much as you did, I would be banging on there door in Houston asking why there resent growth has not calculated into higher share prices. There metrics are some of the worst in the business, especially lately...PES/PKD have been an extreme disappointment and when you ask for answers there is no communication. They need to strengthen there public/investor relations outside the IM portion. I believe if they do not improve soon, a percentage of IM will eventually bail. As far as Wall Street goes it looks like they are on thin ice anyhow. You cannot continue to have pitiful metrics with no DIV and last forever. Good Luck!!!
This market is so economically illogical, it has people fearing or distorting their view of real logic. Its aggravating to "KNOW" that commodities should be through the roof and stocks should be way "Down" on paper, yet this four trillion dollar QE game has people thinking now that everything is under control and its not by a "Long Shot". People, the real picture of logic should be that we are walking on rice paper in high places, and its just one event away from falling through into bottomless pit!!!
If you think PM's are not manipulated, then explain a 60-90% loss in stocks prices when Gold and Silver are still in a bull market and Gold trading near 75% value to its all time high's. Even though Silver went to $50, $17 is still on the high side of the average. No other explanation fits?
How can you have metrics if PM's have not moved normally through inflation fears for a long time. There is no long term chart for PM's. It appears the rules have changed, but that may change if we go back to the Gold standard. That would kill the dollar, but would increase Gold and Silver considerable.
In 30 years, I can only remember 3 times when a reverse split was beneficial to a stock I held. Guess What? This is not one of them...This stocks is the typical POS!!!
I cannot find "ANY" Precious Metals or Moly Miners that are not down at least 50%, and most are up to 90% down. What makes this sickening is we are still in a bull market. Gold was near $1300 bucks an ounce for a very long time before its resent fall to around its current price of $1200. Think about it...These are the same guys that Mined at $300-$400 an ounce not that many years ago, but there performance was still better than now. You may say its inflation, well if it is than why isn't Gold going higher. The whole thing stinks to high heaven, and everyone that believes this market is not manipulated or maybe worse... fixed, will maybe need to re-evaluate the figures.
What I am trying to say is this market is fixed to go up no matter how bad it looks economically...With QE or not, and the only way this type of investment will make you any LONG lasting return would be a WW3 type event.
There is obviously a move to push Miners to near bankruptcy and make the majority of Inverse Funds/Notes insolvent...right?. It sure appears that way by the charts. Things are not moving by true volatility, but something called implied volatility. All appears to be done with QE borrowed money...right? If not explain it too me!!!
They are also the ones that have the worst (VIX) Inverse funds in the business. The manipulation and scams continue!!!
Either an adjustment or a buyout...I can't see them suspending it totally, but it is a possibility that could have dire consequences.
More consolidation is coming!!! Its a ploy to get the big boys fishing!!! As far as the DIV is concerned it will stay in tack, but it will be lower and somebody elses!!!
I agree, if I trade TVIX I always have my finger on the trigger. The good sign is more and more people are realizing the reality of our market. Even the down days are not as bad as they used to be, yet I think its still an 85/15 chance that TVIX goes insolvent. I guess I am just used to pain and lottery tickets!!!
Will it be called Haliburton's Bakery??? Nah!!!...Just like the reality of this deal!!!...I do not think it will ever happen, but I do think it will make a bunch of people rich and it won't be from people playing Baker Hughes long!!!
Are the Miners even putting up a fight. This is manipulation at its finest!!! Anyone with a Brain knows there is no real deflation, and that inflation is alive and well. Are the Miner's going to let themselves go Bankrupt without a fight. I am not sure what they can do, but its obvious that they are playing the fall without much of a struggle. If only the larger mines survive...GOLD and SILVER will definitely reverse its path...BUT WHEN?