Replies to post #10888 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[37thirtyseven37]

You said, “Good time to buy for much more than a small move.”

I personally can’t imagine it breaking more than $30-35 at this point. Maybe even $40. Which to me is still a small move...?
Considering it went from $8-9 to $30. Over 3X value.

A move from $25-30/40 is small. Not even double.?

That’s why I was asking.... I get you just trade charts.

But this is one of the few stocks I’ve seen $10k become $.01 in only 6 years. Or rather has a loss index of -100%

$41mil to $27 since inception in 2011.