This is unbelievable. How can this market go up every #$%$ day like this??? For years now, no correction, no crash, no sell-off just unsustained upward movement. Stocks are hitting 52 week highs on a regular basis and they keep going up
I bought 2000 at 11.98. Now that I see price dropping AF. Should I be selling it first thing in the morning tomorrow? Any thoughts or advice welcome.
look at the bright side ~ at the current rate of decline 10+% per day. This can only go on for approx 10 more trading days til it's zero. Wait thats wrong. Due to the reverse split's ...it can loose 10+% per day indefinitely. Friendly advice ~ stay away from this unless you know what you are doing. Even then stay away from this! The saddest thing is there are folks that bought this on wed afternoon thinking its going to 20-30$
This will reverse split around 10 as usual
If the market moves up just a small fraction this junk etf crashes, but if the market moves down then this thing has a built in brake, so that it doesn't move higher.
Uvxy heading to new lows this week. Below 9
Back from vacation and fresh....Sold my shares from11.75 for 14.50 (too early but when on vacacation who cares).No shares currentlybut waiting...long like a good week to get in under 11.50....Time to get your "FREAK" on....
don't worry be happy
in 3k at 11.80 boys
Ok, I had to short more ah at 15.62, but I had to call my broker again since they're running out of shares to sell.
Anyone know the decay on this per day or monthly?
Which broker allows SHORT on UVXY ?
Worth buying in at this point or did I totally miss out?
Back in long at 12.75... Big time! The friday worry will bring this higher by EOD.
SOLD. not bad. 25% Gain in 24 hrs....
UVXY will triple..This is my prediction. Trump be impeached.
People. SVXY is a better choice. It captures contango during the interrim periods of quiet, versus losing contango. To wit: 9 mos ago (8/17): VIX 12.20. SVXY $72. 6 mos ago (11/23): VIX 12.50. SVXY $84. 3 mos ago (2/15): VIX 12. SVXY $130. Today (5/19): VIX 12. SVXY $142.
Im in as well for a quick Bounce today or next week. should see $14 nxt wk