You would have made a little money here ! I also bought at 11.09 in pre market but sold at a small loss, chickened out although I first put in a sell order for 11.70 ............
During this recent drop, it didnt even dip to the 50-day m.a. and is now holding above the 10- day also, very bullish .
You shouldn't really be asking questions about TZA, because this is not the TZA message board.
I mentioned some time back that 10.50- 10.60 would be a good buy price. Then on March 2 it went down to exactly 10.50, then made made a maximun bounce up to 11.52, which was a 9.7 % gain. Then somewhere I said the next buy price would be 9.50- 9.60, but it started a bounce from a low of 9.81 to 10.86, which is a maximum 10.7 % bounce .
Now I think a good buy price will be roughly 9.30- 9.50 , and hopefully future bounces will start to become bigger .
So that is why I asked a while back if it isnt a good idea to short both TZA and TNA, the same amount of each. But my calculations I did a while back, I only found roughly a 5 % decay annually, which isnt that much .
Bought 1550 TZA @ 10.18. Its alot like gambling right now, but "When its May, go away" is only a month away .
The weather in Sedona on Apr 16- 18 will be roughly about the same as it has been over the past 10 years from Apr 16-18. Just like RSO share price will go to where it will have an 18 % div yield, as it usually does, meaning to about $ 3.55 .
Isn't it cute, how they give multiple thumbs down when someone says what WILL happen, and even when that exact thing IS HAPPENING right in front of everyone's face ??