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Not going bankrupt now--it has a lot of upside.
Shorts could get squeezed royally.
I think you're right...the entire sector is flying north.
I think you had the wrong board--this is an ETF, not a company.
1. The Fed is not going to let domestic oil companies go under. That has become clear. As long as their debt dollar has value, they will juice up the market.
2. Good revenue/assets.
3. My son did some contract work for them about 7 years ago and talked about what a first-rate company this was.
4. This continues to skyrocket on a day when oil prices are pulling back.
My guess is $5. Quality company.
If there is a big short interest here, they could be sweating bullets tomorrow...
Look at the volume. Incredible.
And to think...people could have loaded up at .50 or so just a day or two ago....
Incredible pop today. Unprecedented.
Huge downside--prices will become even more of a 'bargain.'
Exceptionally weak bid right now.
It's a wallet changer....a wallet filled with money to a wallet emptied of money.
Bid is dropping like a stone. SKDI is going to trips next week.
Just flushed to .0055...bid just isn't there.
Nobody wants this trash.
Have patience and you can get in for much lower prices next week. This is going nowhere but down.
As long as their debt dollar has any value, the markets will go up. They are printing and buying up assets while simultaneously they are massively shorting competition to their buck--that's why gold and silver are going down when they should be flying up.
It's a monopoly that benefits themselves--the 1 percent. Those who control the currency are stupendously rich and growing stupendously richer while everyone else gets poorer. They own the market and they think they own us--we are their cattle.
Of course the market is flying up. We have systemic and ongoing civil unrest, extremely high unemployment, wars and rumors of wars, and police state medical tyranny going on.
All we need now is an asteroid to strike the Earth and the Dow will double!
Anyone buying on this gold-smashed low?
The central bankers are propping up THEIR market, while simultaneously smashing precious metals.
I agree--trips are coming. A fate that awaits all scams.
That's not true. The bid is as weak as a wet paper bag.
Got stopped out. It's a dog.
Load the boat.
LOL
Dilution always occurs after a frenetic pump.
Lower prices coming--that's assured.
They'll probably have an inexhaustible supply waiting for you.
I wouldn't touch this until it gets into the mid-trips.
The Fed prints currency out of thin air and has been putting it into THEIR stock market. The top 10 percent owns 84 percent of the market. The printers are enriching themselves and their cronies. The 1 percent got a lot richer during the 'crisis' while the middle class got their jobs stripped from them.
It has nothing to do with technicals or true price discovery at this point. The market can and will go up ad infinitum if 'they' want it to.
It is junk...and a lot of people are holding this junk in a big bag.
Junkholders.
We already had the volume and the higher price. Now we're having dilution. It's pretty obvious.
It will get even cheaper tomorrow, IMO.
.0005. HA HA!
Going to no bid. Get out while you still can.
The .0007 supply is endless, relentless, and hopeless. AVOID!
It is silly, but it can get sillier...unfortunately. Closing on the LOD is not good.
Looks like it's finally bouncing here. Could see a lot of upside again.
Oops. Never mind. Back to the LOD, ha ha.
I'm it at .0078 so no worries.
The fundamentals are terrible. Companies are way overvalued. Yet they go higher. Technicals don't really matter...the market should have crashed but now we may see new highs during what should be another depression. Endless QEs will override technicals.
ETFs (or even ETNs) are for flipping and guessing only. Most will all go down--long or short--due to decay. Endless reverse splits don't help.
Sure, it should crash when the ruling elite want it to--but we have no idea what they do in secret.
One thing we do know--it's all rigged.
The Fed is buying up the market with endless QEs. This (and UVXY too) stands no chance.
The Federal Reserve's job is to make sure the stupendously rich get stupendously richer. The top 10 percent of Americans own 84 percent of stocks. The top 1 percent owns almost half. The central bankers are going to win. They own the casino and make sure of that. They have their fat thumbs on the big roulette wheels.
TVIX will continue down. An asteroid could strike the Earth and the stock market would STILL go up.
Hindsight is always 2020 with these things. Most end up defunct, so you did fine--you can never go broke by taking profits. Those that claim to make perfect trades every time are liars.
You were right on. Good call.
Ya gotta feel sorry for those who dumped at .0001 just the other day...
Even with a bit of dilution, we still know what this company has in the ground--a LOT. And it's not in some unstable foreign country.
This is a long term/patience hold...and yeah, it can try one's patience at times, but it's a dark horse that could end up finishing strong if the central bankers ever allow a true price discovery for precious metals.
I would not be surprised if this hits the $3s by Friday.
This hype job is headed to the $4s this week.
Nah. The green candle is too big.
Huge news was supposed to be announced yesterday after the close. It was tepid news, hence todays price collapse.
Another short squeeze. How high this time?