What 'ridiculous bargains' are there? Everything is still way over-priced, with the exception of many energy stocks.
I got in about $24.50. Yes, $32 looked good. Should get back to $40 over the next couple days, but also possible to get wiped out if the VIX stays elevated and we see a super spike.
Hey, we have all been there. This is a brutal game, but it's only money, and you can make it back as quick as you lost it. Sell what you need to cover the margin call, but hold what you can, because this should be over $8 by October.
You may be right, VIX at 40 is usually the cap, although remember it could accelerate from there to unexpected levels. That's when this thing drops to $10.
Two pure dawggshhhhhit companies, and you are going to come here and comment about the 'world economy'.... pinhead