What kind of bizarro world do you live in where someone complaining about entitlements and welfare is a Democrat?
Don't worry. There are more millenials than baby boomers. Once the boomers start dying off the balance will begin tilting the other way.
Thanks. I'm coming to understand that. Looking for a good way to trade the VIX and VXX, SVXY, and TVIX are the best I've come up with. This helps.
How about...NOTHING! Why do people feel compelled to post here 24x7? Why not enjoy a day away from your keyboard? Contrary to the prevailing impulsive behavior here, it is NOT necessary to post about something/anything to fill the space between on-topic posts. How about NOT posting AT ALL? Did that ever occur to you?
Uh oh. If even CNBC is saying down, we must be getting ready to turn up.
If YOU'RE going to call someone an idiot you might want to avoid using kindergarten grammar mistakes in YOUR topic headline.
Grow up and learn how the market works, Magalodon. Shorts benefit the market, even for longs. I won't bother explaining, just be assured that your naive hatred of "cockroach shorts" betrays your lack of understanding. Educate yourself.
Doesn't matter. The price was $25, a bunch of people are holding shares at that price and will want to cash out with a profit if they think there's a chance of losing money by holding. That's it.
Shareholders who got in on the IPO will continue selling to take profits as it drifts closer to their buy-in price. Nobody wants to lose money on an IPO allocation, therefore the pressure to take profits will build as the price drifts lower, further driving the price down, until we get close to $25. At that point the selling pressure will ease since anyone who wanted out with gains will have sold by then and anyone left holding will probably stick it out. Looking for $27-$29.