yes it looks like this could be a rare "good year" for this POS. I don't really think deep down that VXX will get into the 50s in the next 3 weeks but I admit it is possible. I give it 1% chance.
I will be in trouble if VXX hits about 54 in the next 21 calendar days. In other words if UVXY hits low 60s. I do not think it will happen but it could.
I will try. I don't personally think we get to 50 in the next 21 days. If we do and I get margin call I will load big time on XIV. I think 10 years from now XIV will be 30-40X higher than now.
There is no way VXX will hit 70 by February 20. However I would have a margin call at 52 or 53 because the value of the calls would explode. Particularly if that happened in the next two weeks rather than the final week. I think if VXX hits low 50s I will eat the loss and convert into long XIV and ride it cowboy. Did you know XIV averaged 34% annually from 2004-2014 even including the 2008 and 2011 debacles? Interesting!
I have VXX February 70 calls short. So 21 days to go. Think I will get margin call if VXX hits 53 maybe 54 in the next 17 or 18 days. I do not think so. If VXX hits 48, 49 that is OK.
I don't know if I think it will hit 60 in the next 21 calendar days or not (for February expiration). That would be a 40% spike in the VIX futures, to around 30. Meaning the spot needs to go over 40 I think. If you look back last year UVXY did not quite make it to 60 in October spike. Given all the decay since then, my guess would be UVXY cannot make it to 50 by February 20. Let's see what happens.
What's your best bet for how to make some huge gains? At some point it's got to come roaring back. UGAZ major decay, do you like BOIL? There have to be some 3-5 baggers in the natural gas space.
Gentlemen, it looks pretty good. I think this company is doing a very good job. Again my concern is overall the global economy seems weak and US stocks seem very overvalued, I don't know if that will affect us too much. There are always stocks going up even in a rough market.
$4 does seem insane! If they did $1 I would think $10 would be quite possible if not probable.
Yes a buyback is not a good idea for a company with a lot of leverage with the economy in trouble. Save that capital. I would rather they buy back debt than shares. Let's hope we get this moving in the right direction soon! I cannot believe the Dow is over 17K and this is $4, if you compare the two the past several years it seems unfair.
That's when I'll be loading up.
Not going to happen. My upside is limited even if it goes to 25 by then. But if it gets in 40s I think XIV is the play to ride it higher for years.
Anyone claiming that is just crazy or lying to scare people. It's very possible when the dividend announcement is made in February the stock will be hurt, but long term this company will do just fine.
Thanks! I'll be honest I would be exultant if this hit $10 even. That's a 150% return! My big worry is the world seems to be entering global recession. Hope I'm wrong.
I want to hear it too after a couple disastrous years I am ready for a miracle runner.
Interesting take- can you give us a little more information why you feel this way.
What is the sound of, what is the sound of, what is the sound of one wu squealing.
Remember the guy who was here saying this was worth $20? He seems to have disappeared. I am not trying to call him out, I am simply desperate to make back some losses on oil and gas stocks and wondering if you think $20, or even perhaps $15, is likely in the next few years, thanks.