Well, that clears everything up.
Anyone have a reasonable explanation just why the hell this cesspool refilled?
Emergency Fed team has been dispatched.
out of fear too many will agree.
It's in order to compete with the Fed and the Fed government, hard to tell the difference.
by Thursday, 10 in 10 will believe Apple and everyone else that missed actually beat.
If anything, it might follow how much the daily office pool is to when it hits ZERO.
or Reverse Splits?
It's the new theme, a miss is a strong-buy, just like a walking-dead GDP number, or for that matter, any negative number, miss, whatever, is a buy, buy, buy. Look at it this way, even a half-wit can see negative EPS growth for a 5th quarter, along with IMF global economic downgrades, and economy after nearly 8 years that's still in the toilet ... but why does the market keep GOING-UP, because 'they' need to look like "they" are smart, justify "their" fees ... so "they" just do the opposite of whatever makes even a sliver of sense whatsoever. You sell "they" buy more! Nothing matters anymore in this cesspool, earnings, margins, collapsing economic news ... all 100% meaningless!
The 7 year theme, we don't know what the hell to do, just let the robot's do it.
May be they should only open 4 days a week.
also known as GET A LIFE!
It is notably that with a Reverse Split, in UVXY or TVIX, it will become mathematically impossible to regain your losses. By example; 10 for 1 ... if you own 100 shares before the R/S, you'll own 10 afterwards with the same value. A one-point increase prior to the R/S returns $100, whereas after, a one-point increase in price delivers $10 bucks!
I too hope that the comments are taken too heart. This is not a product for those uneducated, which is not meant as a derogatory statement, and I would also say, should be exclusively offered to professionals only.
A few years ago, I took the time to actually contact the SEC about this product and the comments often made as to buying, selling and labeling UVXY on this board. After a brief discussion, the SEC agent very clearly stated; he was aware not only of this product, but the counter product SVXY, as well as other similar ETF/ETN's. He stated without any reservation that the SEC does not offer "any" opinions nor will they issue comments on the 'merits' of any investment, inasmuch, you are at your own risk evaluation as to the structural merits of purchasing these products, period. Second; the message board that you are participating with as a public exchange forum has established guidelines that you have agreed with upon receiving what is commonly referred to as a 'sign-on' or account ID. The SEC does not and will not adjudicate comments and/or opinions posted, and furthermore, refers any inquiry you may have to the Service Provider, by example, Yahoo or Google, for individual complaints or misconduct. Notwithstanding, these public forums are monitored, and in the event of a public threat and/or personal threat, the offending comment may be forwarded to an authority for consideration. You should not believe you are anonymous in making derogatory personal comments that may be interpreted as threatening.
Now, as to this product and other similar products, the fact you may feel that they do not perform in accordance with the Prospectus, you can cite 'specific' example(s) supported with precise documentation for consideration which may or may not be found substantial for conducting an interview with the Issuer.
So, good luck, and my advice is to never ever even look at this POS again as long as you live.