That is the 3 month average volume according to TVIX summary page. Approx. 3.5 million now. Has the motivation to sell decreased significantly? Seemingly we have the first indication of that. Friday after all trading is complete, add all 5 days of volume to get an average.
You've posted, "The short position has no effect on the price this trades." No doubt you are free to believe that. I think holding that as true is completely erroneous. If weeks of buying off the ask have 'no effect' then you'd have credibility. Weeks of buying off the ask hasn't happened yet. I see it as probable. Selling pressure or shorting into the bid and that said selling is evidenced in a 20% increase in shares short most recently. I maintain that said selling helped to drive the price down. Shorts supposedly could short and hold and hold forever, NOT! To close their position rather than have their funds locked in TVIX shares short will IMO, create buying pressure and have TVIX move over a dollar. Certainly you do not share that view. CS has been buying shares so, your second point is a non sequitur. I'd say it's more credible to watch CS (Credit Suisse) foment a short squeeze. Surely you don't agree. Time will prove one of us correct in our overall directional move forthcoming. For many of us out there, we know what a swing trade is and this one could see surprising upside with the shorts covering for a profit; a booked profit, not a paper one.
The script popular for bashers now is delisting because the share price is under $1. And in the context of time, 6 months is a near eternity for almost any equity. And any NYSE delisting notice allows a 6 month window for an equity to get back over a dollar. Any delist scare mongering now is meant to scare a new or recent holder that is unaware of the procedure to delist, to sell for shorts' cover. Shorts from mid April to the end of the month boosted their short position to 62,813,706 or nearly a 20% increase from the prior report; IMO a very bold move on their part. Some of us that have been around for an extended period using and reading message boards see that move as a short raid. Shorts systematically sell into the bid over several days or weeks. Their objective is to fuel momentum to the downside. Those that are buying see the bid get hit repeatedly and some of the new holders feel it's best to exit ASAP. They sell into the bid as well and accept a small loss. The website bigcharts has a quick-to-configure two week chart that shows the TVIX decline from over $1.80. But there is no strategy that works 100% of the time, not even for shorts. Relative to the boost in shares sold short, institutional holdings are showing an increase on their part. The biggest increase from Credit Suisse, upping their stake by 29,192,157 or by more than 250%. I am not here to encourage you to buy. However, if you are fearful based on what you read from those who truly do need shares, hopefully now at least, you are better informed.
I noticed your alias began prior to Y2K and you're asking that question? Problems, as in plural? I marvel at people that should know better than bash as if they have no clue whatsoever. The NYSE manual, 802.01C Price Criteria for Capital or Common Stock points to but a singular problem, that the share price is under $1. And the window to get it back over that after a notification by the NYSE is six months. The problem you have is getting others to sell using more timely criteria to justify a bearish TVIX view.
This message will be buried soon, like all the others. I'd like to go on record, regardless. There is reason to see all of the above as getting toppy. Stockcharts, a popular website for those into TA, the 2 month S&P appears ripe for a pullback. The current 5 days are sideways. The 50 at 2,096.28 and RSI 59.27. My expectation is we see a retrace to the 50.
Those who want continued handouts are growing in number. She'll unquestionably have their vote. Those that either never heard about Hillary's denial to hand over her e-mail server or that it doesn't matter, they'll vote for her, too. Those that haven't heard about the Soviet uranium deal, sure they'll vote for her.
I get your point. The Russians, since Clinton allowed the sale of uranium, we can trust them to do with it something along the lines of how we, the US, would utilize it. Are there other countries we should deliver our options or military prowess to them as long as they can make a deal with a politician? Keep in mind the 'donation' after 'donation' given to the Clintons. Those 'donations' were not to the benefit of we, the people, us taxpayers.
Memories, President Ford pardons former President Nixon on Sep 08, 1974. 2012 Benghazi, 9/11 Part 2, Clinton said, "Was it because of a protest or was it because of guys out for a walk one night and decided they’d go kill some Americans," Clinton said. "What difference – at this point, what difference does it make?"
She can say something as mindless when asked about the Russians getting nuke fuel under her watch as Secretary of State.
The Clinton Foundation received millions from investors as Putin took over 20% of US uranium deposits
A new scandal hit Hillary Clinton on Thursday thanks to an exhaustive report from Mike McIntire and Jo Becker at The New York Times.
The story involves a Canadian company called Uranium One, a Russian investor, the State Department, and The Clinton Foundation.
"As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation," The Times reports.
The Russian atomic agency decided it wanted to own 51% of Uranium One in June 2010. To take a majority stake in Uranium One, it needed approval from a special committee that included the State Department, which Hillary Clinton led at the time.
Investors in Uranium One gave money to the Clinton Foundation starting in 2005 and through 2011. On June 29, 2010, Bill Clinton was paid $500,000 to speak in Russia by an investment bank with ties to Russia's government that had a buy rating on Uranium One’s stock. (Note: Prior to Hillary as Sec of State, Bill's average fee for a speech, about a third of the $500K bribe, oh sorry, fee.) Hey there Clinton fans, give me a shout out. Does, "it's all good" work for you?
Gotta vote for Hillary after she facilitates Putin getting US uranium. Step 1 to seal Iran's ability to get the bomb. Equality for nukes! Nukes matter!
Hillary, make sure grammar schools begin teaching Russian.
" those who forget the past are condemned to repeat it..." and not a single analyst, institutional or retail, puts much weight to such trite phrases. BTW, how short are you?
"This stock is a dog with fleas." And you're an alley cat. In other words, name-calling isn't research.
"Do they even have a business anymore?" You fail to perform even the most very basic due diligence.
you have one of the most incompetent presidents with an administration that lies to the people. If you're blind to all the deceptions, you'll place an unwarranted trust to his words.