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This kind of tech doesn't just "go away" even if a company is going BK. TSA surely knows this and I would not be surprised they knew that L3 is looking to scoop it up.
I don't understand why you fault the gov. here... All they care about (in this case) is to have a good product and Implant did have a good product. The fact that it was transferred to L3 - TSA couldn't care less about. In fact, they are probably happy it's in good hands now. Many engineers moved to L3 by the way.
It's not gov. job to manage private companies.
You must be confusing me with someone else.
You went long UVXY at a really bad time and sold at an even worst time.
I don't understand where I was wrong stopping out SVXY at $55 from $44s.
But hey, if alternate reality makes you happy, it's your choice.
Yea, we all saw how you "killed" it here. Barely made a profit after being in deep red 98% of the time. And of course you sold at the perfect time to BUY LMAO.
No one is claiming to be an expert. It's just statistical fact that volatility doesn't last and UVXY decays. End of story.
Yes, there are huge spikes in volatility. Yes, perhaps the market is overdue for a big correction. So what? Who's disputing this?
And yes, some day we will see something similar to 2008 or even worse. Some day the earth will be destroyed by an asteroid too. But in the meantime, there are more low volatility days than high volatility days and this fact alone logically makes UVXY a bad hold decision.
Too soon relative to what?
I simply "dipped my toes" to stay alert and be drawn in. If I don't have a position, I don't stay alert.
Bought some this morning premarket
LMAO! How's selling SVXY 44->55 = crashed???
You got lucky and I call it as is. You bought this 3+ months ago! And were on deep red 90% of the time LOL. The funniest thing is that you sold at pretty much the perfect point when you are actually supposed to buy it. Just shows that you simply got lucky and don't know how this works.
Awesome timing! You pretty much nailed the buy in point
Consider is as congrats on winning a lottery, nothing more
Actually now that I'm looking at backwardation today was probably the best day to BUY UVXY, not sell. But I just don't have the time nor patience (and don't enjoy stress) to watch it all day... Because with this you gotta move your stops with the flow.
Finally! You finally will have a good sleep in months!
Re. me covering:
1. I was long SVXY so I'm not shorting directly.
2. I _was_ long because I got stopped out today at $55.00. You know... there are such tools as Stop Loss, etc.
3. I was long SVXY since Feb/March time frame and my ave was something in mid $44s.
4. Unlike you, I sleep like a baby every night and don't stare at charts all day because I invest/trade responsibly.
5. I don't understand why you flooded my box with messages today.
6. Looking to buy SVXY again.
7. You simply got lucky to get out with a profit. "Timing" volatility 3 months in advance is not a sound strategy.
Now go on and relax... You need to make up for all the stress you've been through with this and the penny stocks you are stuck in.
Probably a good starting point. I'm looking myself.
Sell? It all depends... have to see how the market goes.
LMAO, I bet. Staying up all night praying for market to go down and then watching every second all day long.
Name calling = frustration.
I simply got bored of you. What is there to bash (only you consider fact checks bashes)? You have been holding a stock for many month that is designed to decay. Once in a while like a broken clock your long awaited volatility goes up - shocker. In the meantime, you are so psyched just to break even. Give me a break.... breaking even is not something to get excited about. It's as if you are under the influence of Stockholm syndrome.
That's the way to do this, nice job!
Sure....
You are only down 20% (according to your average) but yet you haven't bought in a while... while it's been going down ever since you bought it almost 3 months ago.
Who are you trying to fool here?
Hey, even better - it's $39 today!
vixcentral disagrees
Good call on the 7s.
I was wondering when VIX contango would catch up... I mean, it has been stuck in contango for a while but yet SVXY has been flat or red. Should chew through this area and go to 15s.
Well, the leverage is different between the two so I wouldn't look at it directly. UVXY is pretty much always (give or take a month) near 52-week lows, that's by design. SVXY has certainly been wiped out but it's over 40% up since then. And don't forget that the leverage has been halved so it climbs much slower.
I consider that Feb wipe out as a once in a *** (you can fill the blank with what's best for you) event, be it on purpose or not. Of course Feb. type of VIX spike can happen again but now that the leverage has been decreased, SVXY won't be hurt as much.
Re. Feb. event... I don't think it was a manipulation. I think VIX spiked so much because today's trading is heavily influenced by machines and they just made it happen inadvertently. It is what it is and we just have to learn from it and move on.
Well said. I also don't even see the point in mentioning "them"... whoever it is. UVXY is a mathematical formula, nothing more, nothing less. And we have indicators to predict (or even calculate) where it's going. Period. I mean, there's nothing else to discuss. All bets against the flow is gambling. Period. There's nothing wrong with gambling by the way... if done responsibly.
Anyway, I've been in SVXY really heavy since Feb. fiasco (when many thought it's die like XIV). I hated the leverage change because it moves so slow now but it was meant to protect SVXY from another Feb-like wipe-out so I guess it's a little plus. Getting impatient thought with this $14.25 level... just have to remind myself that vixcentral is all that matters.
By the way, those folks with puts that go beyond Set 18th.... Just in case... Once the split happens those puts become incredibly illiquid. I mean, you basically cannot sell them if only for a big loss. Of course if your bet ends up in the money you still get paid. Anyway, just heads up for those who might be new to this... I leaned a hard way like 4 years ago
LMAO! but noooooo, this is all BS lies and "they" are scam manipulators.
But hey, if it does happen, his stock will "cost" more so it's "better"
Trust me, it's not difficult to see. There isn't much to figure out
Read up how this works. I'm baffled you still just don't get the fundamentals
The market doesn't have to be on "fire" for UVXY to infinitely decay.
But wait... just last week you kept saying that Trump = economy destruction.
Today you are saying Trump leaving the office = economy destruction.
Your world is so awesome LOL. No matter what happens, you think of it as a positive for your agenda.
Highly doubt it. It took once in a lifetime bull market, predictable, calm president for 2 terms and a ton of $ economic stimulus to reach $140. Plus the leverage was higher than today.
Sooner or later there will be a cyclical recession and it'll happen before SVXY comes even close to $140 IMO.
Many are trying to help (including me) by showing facts such as prospectus, all-time charts, explaining contango, pointing to vixCentral, etc.
It's not guessing or predicting... it's stating facts that are backed up by math or if you aren't good with math, it's backed up by the past events.
But if all this help is pushed aside with arrogance (buy few), sometimes the response turns into poking fun.
The dogs bark, but the caravan goes on (to "negative infinity" basically)
Unfortunately you don't have unlimited funds and the deeper it goes the worse your average will become.
"We are again at or very near the floor."
There's no floor... Wake up and check the all time chart. Like I said few posts ago, you just witnessed yet another lower high.
Now what? Mark again for tomorrow?
That's the only way to trade UVXY. And if you play if often, I'm sure you are very good at timing it.
Nice call? LMAO!
A broken clock is right twice a day.
Not to pat myself on the back, but I believe my call was more on target:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142819473
And this chart = blood for UVXY:
http://www.vixcentral.com/
% Contango 1->9.73% | 2->4.30% | 3->1.99% | 4->1.30% | 5->3.28% | 6->1.06% | 7->2.09%
One of those cases where "the dogs bark, but the caravan goes on"... again
Yep, a new lower "high".
Give some to me then... It's pretty much the same as "investing" in UVXY.
Huh? Do you even check facts before you make a next step?
You didn't check how UVXY works - got trapped.
You didn't even click on my alias to see that messages go way back before any "russians" were even part of a daily headlines. And in any case, why in the world would a "russian troll" post on this board?
Who said I'm playing a big brother? You post, I post, everyone posts.
If you don't feel like you've been hooked (caught) on UVXY, it's surely your right.
This means you need a ~35% spike this week because I don't see how it's even possible otherwise with such contango.
Could 35% spike take place this week? I guess you already placed your $1,000,000 bet.
3 more days to go...