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Replies to post #1603 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

Replies to #1603 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)
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dilwinkle

02/26/13 11:50 AM

#1604 RE: eric4x #1603

Eric, sold my 3k UVXY I bought last thursday @10.42 for 13.42 made back my 1500 loss and them some. Ofcourse right after I sold it hit 13.70 & climbing :-( but in essence thats how you bag hold this crap. Get within a week of doomsday and make a little hay. Now looking for an entry point into XIV
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dilwinkle

02/27/13 11:58 AM

#1634 RE: eric4x #1603

I hope you got out of UVXY yesterday. Listen, don't worry too much about the settlement. F**k Em. I had a penny stock once. Sold it before it went to crap. Got hit with a "Good faith violation" Selling before settlement. So what. I still had my money intact. They don't do anything until you get 3 violations. And then they restrict you to trading with settled cash for 90 days. Big F'ing deal. Cash out and just change brokers ha ha ha ha.