davesaint86 726 posts msg #141928 - Ignore davesaint86 |
2/6/2018 6:48:28 AM
The conspiracy theorist in me think George Soros or some other criminal element may had something to do with this. Sit back and really analyze what happen and ask yourself does it make sense.
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karennma 8,057 posts msg #141931 - Ignore karennma modified |
2/6/2018 8:26:42 AM
johnpaulca
11,526 posts
msg #141923
- Ignore johnpaulca 2/6/2018 12:06:19 AM
Cheese
179 posts
msg #141899
- Ignore Cheese
modified 2/5/2018 6:34:01 PM
This will be my last post. Good bye and thank you, everyone.
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sorry to see you leave, best of luck!!
PS...can you take Shills and his mutt with you.
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Cheese and Tennisplayer2 had been here a long time and I'm sorry to see them go.
We are all trying to help eachother the best we can.
However, I have a message for NEWBIES.
I just looked at the XIV.
Don't come in here thinking you can play these ETFs and make fast money.
You will get f*d .. e-v-e-n-t-u-a-l-l-y. And you'll have no one to blame but yourself.
You can learn a lot here, but you must be your own "guru".
Study the indicators and stocks. If you can't trade 'em, then hold 'em.
You are not playing poker. You're competing with algos .. high frequency trading robots and you never know when they're gonna turn against you.
You are not as fast as the algos.
Same thing applies to options. You must study instrinsic and extrinsic value. If you don't understand how TIME value works in options trading, then you will get f'd eventually.
Please look in the upper left corner of this website. WHAT DOES IT SAY?
"Stock Screening and Analysis"
This is not a gambling website.
Please be careful.
EDIT:
Oh! And BTW, ... If U don't believe me about the ETFs ....
Look in the archives. I've warned people about these POS.
Ever heard of FXP?
These POS can go from $2,000 to $5, then REVERSE split.
Go on Yahoo Finance and see how many times these POS REVERSE split.
You can never recover your losses. Never!
Edit: Sorry about the typo. I meant XIV not VIX.
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miketranz 978 posts msg #141934 - Ignore miketranz |
2/6/2018 8:44:18 AM
Two ETN's halted:https://www.zerohedge.com/news/2018-02-06/xiv-svxy-halted-news-pending
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davesaint86 726 posts msg #141935 - Ignore davesaint86 |
2/6/2018 8:48:45 AM
Geez - If they are delisted class actions will be filed. Holders will receive pennies on the dollar if that.
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karennma 8,057 posts msg #141937 - Ignore karennma |
2/6/2018 8:55:00 AM
davesaint86
384 posts
msg #141935
- Ignore davesaint86 2/6/2018 8:48:45 AM
Geez - If they are delisted class actions will be filed. Holders will receive pennies on the dollar if that.
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Been there, done that.
"Investors" won't get sh*+...
It's like going to the blackjack table, and then suing the casino because you lost your money.
ETFs are not an "investment".
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four 5,087 posts msg #141941 - Ignore four |
2/6/2018 9:03:26 AM
Credit Suisse has the right, according to the prospectus, to liquidate the ETN (VIX) in the event of an 80 percent move in the ETN, which after hours seems to be the case.
http://howardlindzon.com/struck-black-swan-course-markets-turmoil/
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four 5,087 posts msg #141942 - Ignore four |
2/6/2018 9:05:18 AM
Karen,
Please provide a summary/primer on your statement:
You must study instrinsic and extrinsic value. If you don't understand how TIME value works in options trading, then you will get f'd eventually.
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karennma 8,057 posts msg #141946 - Ignore karennma |
2/6/2018 10:23:56 AM
Sorry guys. I didn't mean to go "Anna Navarro" on you this morning. LOL!
Please PRAY that I didn't destroy my laptop when I spilled water on it yesterday.
@ Four,
DEFINITION of 'Wasting Asset'
An item that irreversibly declines in value, as a function of time.
BREAKING DOWN 'Wasting Asset'
In investing, options are the most common type of wasting asset.
Click here:
https://www.investopedia.com/terms/w/wastingasset.asp
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pthomas215 1,251 posts msg #141948 - Ignore pthomas215 |
2/6/2018 10:27:23 AM
na na, na na na na heeeeyyyyy gooodbye...for those of you thinking about real estate investment and development, XIV is a great example of why i left it. this happens in real estate investment as well. the only difference is you have no ability to exit in real estate and you watch your net worth drop. I do not recommend it, even though you will make a ton once in a while.
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Mactheriverrat 3,173 posts msg #141966 - Ignore Mactheriverrat modified |
2/6/2018 3:15:58 PM
This whole thread was started showing when one should got out of XIV- One can see that when thing really went to hell in a hand basket that sellers really kicked in to see who could get out the fastest. GREED ! I'm sure there are even fund mangers who were playing XIV.
One can see XIV was going down - To me one should have been out short term long before the CRAP hit the fan!

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