weak as the kitten your local Chinese restaurant puts in your " Chicken" CHOW MEIN . I am one round eye that does not trust them
still not covering till $40.00 I don't believe the numbers
turn the company over to the bondholders and then reissue new stock share to the next flock of sheep ?
A fool and their money!
What ever gave anyone a reason to Trust China and China corporations ? " investors" that put their savings into this 100 $ Billion IPO were fools. ALIBAB hosts thousands of Knock of and patent thieving crooks. Where in the world do you think this train wreck is going ?
How is tesla going to make money selling $150,000 cars that cost $250,000 to build ?. The only people buying these things are 60 year old men that want to pick up teenage girls on their way home from high School
margin calls from Friday. Expectation gold to drop to $900 which is below hard cost for most miners
Easy to figure out here goes
Nugt and dust have been around for 5 years
Dust is down about 20% and Nugt has lost 99.9 % of its value over that 5 year time.
Let's see what would've happened if both sides of the fund performed equally
to do this we divide Dust by the square root of the 1000 to 1 performance ration of DUST/NUGT and we multiply
NUGT by the same.
So if things we neutral over 5 years ( GDX unchanged )
we would have Nugt $0.57
we would have DUST $0.79 cents
we are ignoring the splits to keep things accurate.
so in a neutral market both dust and Nugt would have been about 31 x higher when they were created then they would have been today. So to find the theoretical expectation for any given year would be the fifth root of 31. its almost exactly two ( 1.99) this means in a neutral gold market both NUGT and DUST would lose 50% of their value each year.
It's so close to 50% that you wonder if that was by design.
broker gave me a check for $1200 after commision
only 1 in 5 messages are not spam now, might as well just close the boards
Clothing needs to be light colored so that if food is spilled on it the stain would reveal and the employee could clean themselves. The black shirts are emblematic of the e coli problem.