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Etrade, I short TVIX all the time with them.
Agreed! I suspect TVIX is a short play tomorrow. Markets will take a breather and after that it is anyones guess. Good luck trading.
Cashed out of my short from 47.30 at 41.85. Couldn't chance a bloody Monday. Cheers to everyone on your TVIX plays this week. Was a great week in TVIX both long and short.
Yep, I am glad I sold half my position last week. Will look to reenter with that money soon.
Good bounce today! I held 1/2 my position. Might even add back in. The 52 week high was 28 on much less news. Good luck everyone.
Be careful suggesting something of that nature when it is likely to be lower or flat after the news. Today is a good example. I sold half premkt at 16.81. Holding the other half for the next bit of news. 20 dollars is a stretch without more news.
Likely up some come tomorrow with some selling pressure on profit taking. I am in at 12.00 looking to sell at 18.00 come tomorrow. Buy back below 15.
I am in DWT for a starter position at 9.05. I don't think oil keeps going up with US production gathering steam. The Syria piece will be short lived. DWT looks very good for a reversal in the next few weeks.
Shorted it once from 155 down to 138. Hope to short it again. Was like taking candy from a baby.lol
I am out, sold at 5.90. All done! Wanted to say it has been one heck of ride these past 10 years but it is time for a much needed breather. When one can't even trust the system to operate as advertised it is time to put my money somewhere else. I will check in now and again cause there are some great posters on these boards. But as for trading I lost most of my trading funds or play money this time around and I am not risking anymore on individual plays for quite awhile. Will miss it very much, the gambling side that is. Good luck everyone!
Had a sell order in with etrade, they cancelled it. Just great. I will get about 1000 for my shares when it is all said and done. Have another sell order in below the 9.97, probably get cancelled too. Sheesh! Just want out to lay this to rest. Probably the worst trading mistake in my life.
And I believe it will be at the closing price after hours last night. But that part still remains a bit of a mystery.
Yeah the language is confusing. I cant imagine this opening again. That would be nuts. There would be no buyers. Hoping I get 15 and change for my 400 shares. Would go along way in cleaning this up. But I remain completely uncertain as to what is going to happen.
Then it will be near zero after everyone bails out the minute this opens. I mean why would anyone buy this before the 20th. In fact there will be no buyers to buy so it will open at 10 cents or less. Nuts! I guess I need to get in line for the lawsuits... Thank you for your take on this. Once this is over for me I am taking a long break and lick my wounds.
So this closed at 15 and change yesterday.. Is that the price they intend pay shareholders? Thanks for you opinion.
A little confused as to what they are saying about the acceleration date for paying off shareholders. Is that the price from yesterday or is this opening again for trade and closes on the 20th. Man that is a confusing read.
Appreciate you sharing what has happened to you in this trade. If this gets terminated and I lose all invested. I will have ruined my trading account in one trade. Back to the drawing board. I still remain slightly optimistic that this opens again and resumes trading. You were smart to bail last night. Wish I had instead of buying more. Oh well, spilled milk and all that....
How you holding up, I suspect you went large in this yesterday to drop your average down. What is your take on the halt this morning and your expectations for when or if trading resumes. Thanks, Joe
Now I wonder what sort of news they will release. Restrictions on short selling, too bad that was not in place yesterday....
That is the way I see it. This will resume trading. What it does after being halted is anyones guess but being halted will just add fuel to the fire. I am expecting the worse. Maybe I will be pleasantly surprised. Keeping it real...
Freeze is a stand up guy! I would vouch for him any day! Good luck Eric, I suspect we will all need some come tomorrow.
No idea, if that were the case this would already be zero at least that would be my take. But I will admit this is one of the biggest mistakes I have ever made. Can't believe I saw this ad I buy while the market was imploding. But, somebody is buying up shares and keeping this from dropping any lower right now. I see that as a good sign.
Where did you hear that, do you have a link. The Price is moving up as we speak. Why would anyone buy this if it was going away.
How is this possible! I have much respect for you SH. Are you certain that this is just shorts holding this hostage or something much worse.
Seems way low for this to be down over 50 percent. This is a crazy drop. I hope somebody bought a ton at these levels.
Then the drop must be absolutely huge for this to be happening. I mean catastrophic. Is anyone buying more. I am avged in at 68.
I am correct that this is dropping due the the market tanking after hours?
You must buying more down here, this is way oversold now. What is the after mkt doing at the moment?
Why is this dropping so much? Is the market crashing after hours, holy sh$t
Got you there, in at 96.00. could be more pain but when it turns it could be a monster.will buy more if it drops 10 or more dollars lower. But I have a mental stop loss at 92.
Gosh I am glad I waited to buy xiv. In at 95.98. let the games begin. Got a starter position with 100 shares.
Yes, I won't hold my few shares if it stays down here all day.
Yeah, I only grabbed 200 hundred in the 62.70 range. Willing to sell for a small loss rather than go down with the ship. 50 dollar UGAZ is not out of the question before all is said and done. Trust nothing, lol.
Thank you, I sort of missed the boat on XIV, but I suspect there will be another opp! Go UGAZ! lol
In at 62.70. So far so good, Need to set a sell target.....
NG came down to my scalp target of 2.75. In UGAZ for a few hundred shares. Let's see which way this goes. I expect a little bounce from this level from a technical standpoint.
That works for me. And there seems little impetus for buyers to come back into UGAZ for the moment.
Yeah, I see that. Makes me very cautious. Oh well, cash is king in a falling market. Holding my cash for now.
Has to be near a short term bottom. Might wade in slowly later today into tomorrow.
Missed that buy in at 108.... Damn that would have been a very good buy since the market is already improving as we speak.