They won't let this go easy.
KRFT will do fantastic once they lay off thousands. Those people will never find good jobs again.
according to the class action guys. If you want to not only take the risk, but invest in a company that is pure evil, I wish you luck.
It's amazing what can happen when you're allowed to murder people and get a taxpayer bailout which you then use to buy back shares. Legal wrangling will be interesting as it's now obvious to anyone with a pulse that GM deliberately covered up the defects.
I am sticking with that prediction.
Once, it went up 120%. Second one in 2011 it went up 200%. If you had a 100k account and shorted VXX with 33K, your account had 100% loss.
I know 10% seems impossible but it has happened twice since 2009 and both times VXX double or more.
There have been 2 corrections of 10% or more since VXX started trading. In one, VXX went up 110%. In the other, VXX went up 200%. If a third one comes, VXX will probably double LOL.
What do you mean by $9 million in assets?
It is in fact hard to believe anyone is investing with this guy given his performance over the past 6 years losing one third of its value.