iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,466 Blog Posts

Fly Buy: VXX

I bought VXX.

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22 comments

  1. JNROD

    My WNR is bigger than yours because I just purchased TVIX…..

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    • JNROD

      By the way my average on TVIX is below 15….If you remember I posted that I was gambling 100K to the downside…

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  2. ecchymosis

    You neglected to mention the bad things that would happen if I followed you here!!

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  3. dishobgyn

    wish you luck fly,

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  4. xxxHuggieBearxxx

    And so, it begins. Circa 2012.

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  5. Gambler

    50% TVIX 50% cash

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  6. youknowitsme

    should of bought it yesterday – fool

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    • Dr Fly

      Why should I have bought it yesterday? Do you gather I am in it for just 0.50?

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    • Gambler

      youknowitsme, you are being results oriented. If you have a 20 and the next person to hits gets an ace and the dealer hits 21 do you say “I should have hit on 20”?

      Or do you say “I made the right decision it just so happens looking back on it, in that instance it would have worked out better if I had hit”

      Do you lose with pocket aces after calling an all in before the flop in a cash game and say “I should have folded”?

      If you lament not choosing the “perfect option” based upon results in an imperfect game, with many unknown variables and “alternate possibilities” (in this situation say 9/10 of the “alternate universes occurred the opposite way) you will end up making a lot of the stupid beginner mistakes. Buying every “bottom” to the penny is impossible unless you know what everyone in this world is predetermined to do (and that is only if we live in a world without freewill that may not change from one moment to the next.) Not to mention there may not be enough buyers at the exact penny to absorb your buy order anyways.

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  7. youknowitsme

    no but 0.50 X 500,000 shares is nothing to sneeze at.

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    • Gambler

      There probably was less than 500000 sellers at the exact bottom, not to mention the other buyers at that price. Even if you have a time machine and know what the bottom price was, good luck always getting a fill of 500,000 shares at the exact bottom.

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    • The Fly

      How do you like dem apples?

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  8. BullRun

    Just got fucked on ENER…. -80%

    The chart didn’t show that one coming.

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  9. Craftsman

    Someone will tell you the ENER chart looked horrible.

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  10. Martha

    VXX and TVIX buys will get their WNR’s chopped off

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  11. Mike

    WNR???? someone say WNR…long and strong!!

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