Alive and Kicking
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ETF's = Penny Scams
If they can just ad shares out of thin air then that is all these ETF's are. Pure and simple
Diluted POS designed to steal investors money. Especially when they reverse split once a year.
It sucks when the 1% wants 99.9999%......
It's only fair?
Welcome to the wonderful world high freq trading with no uptick rule....
Welcome the wonderful world of High Frequency trading.
Wonderful if you own millions of dollars of computing power and an algorithm designed to take advantage of 2-3 % swings and have the ability to front orders by opening an office a microsecond in front of you....
Microsecond traders that don't even know they made $$$$ on NUGT today.
Anyone here experienced any retribution yet?
Google "China Gold news" and see all the news feeds expressing how China is on a buying spree. You would think with all the touting the media has done regarding stockpiling of gold bullion the price wouldn't be tanking.
Waiting for volatility to settle down. Puts are looking pretty promising if this keeps up.....
Blatant isn't it.?
After over 10 years watching and actually investing in these Penny Pieces Of Absolute Shit I have seen it all.
Were is that flight to gold aspect of panicked investors....
It's the "bright side" comments that will kill investments.
I have to admit that reading these Penny Stock like chants have cost me here with NUGT. I should know better but my feeling was that Gold was to heavy a metal.....I mean it has been the cause of wars, death, riches all throughout human history. I guess history doesn't matter. It is the here and now and gold is not backing anything anymore.
Against my judgement I should have been out of this manipulated POS long a go. I am so far in the hole right now it only makes sense to wait it out.....
Nothing in this market in every stock/option I am in is making sense.
When you have governments manipulating markets this is what happens....
I am not an international economist but it seems to me China isn't playing by the rules here.....
Announce moving back to a gold standard then dump billions of dollars worth of it just prior to devaluing their currency.....
Some serious Chinese manipulation is causing all of this IMO
bounce baby bounce
IMO the media is the steering wheel for the markets. The media controls everything from what stock goes up and what stock goes down. Everything from the stock market to who our next president will be.
This will be ever so evident with Trump. Right now he is leading by a huge margin within all polls. His rhetoric is hitting home with many people. The word yes and no are actually in his vocabulary. He cannot be bought by lobbyist or insider groups. He says what is on his mind.
By the time the primaries come around his name will be mud. The media is hammering him in negative ways right now. His interview with Chuck Todd he mentioned that "he stayed current with foreign events by watching all the shows" The media outlets have been all over this showing Trump in a negative light. Watching all the shows is the same as saying I watch the news and pay attention. Yet the media makes it seem as though he is watching Barney re-runs.
Lots of power over at Fox........lol
Wouldn't it be nice if yellin announced gold standardization of the American Dollar
No excitement here....lol... not one share bought or sold...
Really liking the strength at the close..
Should be a good day tomorrow.
Don't hold your breath. Gary Johnson couldn't get it done with MDCN
And as soon as he starts his campaign for Prez, I plan on informing some hungry journalist friends of mine all about his business ethicas/antics.
Prep for the next round of post split suckers
Just more toxic financing. These Fuckers are ruthless and greedy ...uh... fuckers. Unreal
read the little blurb
*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of a security.
Watching it live on Bloomberg.com
FMOC to leave rates alone..
Anal lysts are about as trustworthy as a dead dog....They may know more then I do most times, but who really stands to gain from their advice whether accurate or not?
More like Bi Polaroid
Your not the only moody person in this market. Open Interest and Volume on GLD calls are twice that of the puts as of today.
http://www.cboe.com/data/mktstat3.aspx?Dy=28&Mo=7&Yr=2015&selid=GLD
Yes, Dust and JDST have been good longs but there have been corrections over the last year.....I think NUGT is in for one given the oversold conditions. We may stay at these levels for a week or two but it is coming...IMO
Question is what will be the Catalyst.
Incredible numbers 50k....? I am very nervous with my 4k t 7.32 avg.
Waiting to average down if I see a bottom. Right too much momentum in th wrong direction....
It has been stated that Gold Miners usually lead gold prices...
We shall see.
Gold wants to move up...then someone gets into the office and starts to drag it down again.....hehe....can't last forever
Not sure, Right now $20 is the least of my worries..........
I am hoping the Volume is either Covering or Capitulation and not share increase.
UVXY has R/S twice in the last 3 years....another 3x tracking the VIX
I consider the PPS drop the last 2 weeks a melt down?
And it looks as though it will continue even with the increasing volume......
Acting like a penny stock now.
If they knew what they were doing here they would have dumped 2 weeks ago.
The PPS drop here is something that could not be forcasted.
IMO an R/S is coming and these so called respected Dreg-exion managers are dumping shares.
IDK, I'm thinking below 3 by tomorrow morning. I am in this a lot higher then where we are now.......
I am blown away by the PPS drop here. GLD down 2.2%, NUGT down 30%
I can not ever remember NUGT tanking or popping for that matter 30% in one day..
Between last Friday and today it has lost 45% of it's value...WTF
NUGT is not a Penny/Pinky/POS ticker....
Although it looks like it is right now...
It lost half of it's value in the last 3 weeks due to manipulation period. No pump and Dump. No unscrupulous CEO or BOD inc'd in Nevada running a spiral financing ponzi scheme......
No telling where the bottom is.
There are so many things that should have happened with Gold the last 3 weeks and this drop in price is not one of them.
Summer Rally is missing..
China moving to a Gold standard and needing 6% of the worlds inventory to make the move. This was announced by china quite a while ago.
This movement to me makes no sense.......
WTF, .......
Sounds Good but this has still lost 50% of its value in the last 3 weeks.....
There has been some heavy manipulation and dumping IMO. Historically Gold has rallied this time of year...WTF.....
It's a good think postal workers don't invest........hehe
It has already been announced.
http://www.thestreet.com/story/13199812/1/chinese-gold-standard-could-create-fireworks--bloomberg-intelligence.html
Funny how two weeks later their stock market tanks....Wonder if this will cause them to expedite the standard or delay it.?
6% of the worlds existing gold is a lot of f'qn gold.
This should send NUGT through the roof. But the shorts here think otherwise....