On a whim, I bought just a few hundred shares of this a few days ago, anticipating that the markets couldn't ignore the Trump CEO task force departure, Virginia, etc, any longer. So glad I did.
This is all over the place Either you could make or break in few seconds. Good trade for day traders only.
I would agree to TVIX pops are to be shorted. It is getting more difficult to find shares available though.
Anyone have any information as to why there is such a huge market selloff today? I don't see a good reason.... Makes me worried
I am wake up 20 mins ago and am right aways sell my TVIX 17.71 !!!
Man, I learned my lesson being long TVIX last year. Since then, I have been shorting and making money most weeks. Hurt a little bit last week but boom, 26+% down today - laughable. Short short short!
Holding (long) into next week cause market sell off has just started. Bull can't handle incompetent President, North Korea nukes, terrorists attacks in Spain, Sept./Oct. market sell offs, etc. Looking for Tvix to jump 6% to 8% tomorrow and then Take off on Monday. R U With ME?
Is it going to go up tomorrow? Please guys any comments. Missed the train today
Anyone who is holding TVIX at any bought above 15.5 is #$%$; all you are doing is waiting for losses; this POS is overpriced by 20% based on nothing. I will be telling you so, again, and again, and again, until it happens - which will be too quick and too late for you to sell. The threat to your economy isn't Trump, its TVIX.
I'm just here for the comments
The only difference this time is the huge buy of TVIX at inflated prices which will be flushed by the end of week. NK a nuclear threat...give me a break.
I SEE YOU WAYWARD SAILORS HAVE ENTERED TVIX ISLAND WATERS ONCE AGAIN AFTER MANY WARNINGS TO STAY CLEAR OF THIS DAMNED ISLAND. YOU HAVE BEEN WARNED YOUR BLOOD SHALL NOT BE ON MY HANDS THIS DAY!
Well you can look at this on the bright side. If you are only down 20%, then you only need this to go up 25% to get back to even.
I am guessing Trump will resign very shortly
No chance of anything soon from NK, or USA, for that matter, on what is no more than talk about inaccurate, faulty, missile technology. Nothing is or will happen besides talk. Markets will quickly understand this, and everyone with TVIX will lose money...and alot of it.
Shorts thanks again for a wonderful week. Up another 10% today! Just wonderful all of the short covering going on. Being long this wonderful instrument has been a little money printing machine. Lobstah and I going to have a time tonight! All on short money of course
Electro Wing, and TVIX holders know this:
Squirtgun NK can't do jack sheet; they have launch capability at max to put a few dozen of those bogus SCUDs in the air, maybe. More than 1/2 of those will blow up in the air because they make bogus missiles. They have limited payload. They can't hit targets. And hello? Anyone home, McFly? We have defensive and counter attack systems. And ground forces. And Air forces, and cruise missiles.
Can we have a little more truth and less FAKE NEWS, please?
The real threat is Seoul. NK has thousands of armed scuds near the DMZ that could level South Korea's capital city in just a few weeks. ABM technology is weak at best against scuds because they fly too low, on a short trajectory, for radar interception. The only way to neutralize mobile scuds - you can haul them around on a pick-up - is aerial search & destroy - not very effective. South Korea is the world's 19th or 12th largest economy and an attack on the South would wreak havoc on the world economy.
Shorts (shorting TVIX) are getting killed today. I can hear their screams a mile away but guess what. Its going to get worse tomorrow, next week, next month, etc. Market correction is starting now with the complete collapse (or should I say train wreck) of Trump's short tenure and the threat of Nuclear war with North Korea. Throw in India/China turmoil and the fact that the market is way, way over bought and you know TVIX could be over $100 a share by the end of the month.
Good luck TVIX longs and RIP TVIX short players.
Where's CB? Where's don't worry be happy? Where's anyone who is holding TVIX? If you are...and think you are sorry now; just wait till the end of session where you won't be able to unload this dog for over 16. I told you so. I told you that NK was a nothingburger, and any bet's on war would blow up in your face (pun intended). And some of you didn't listen. So you got what you deserved....big losses. Which will get bigger, and BIGGER.