Butcher71
101558313
OP
:
Reverse split twice I think - cos keeps dropping. UVXY is leveraged etf - charting doesn’t work quite well. Stick to something u are familiar with
Ultratech
:
you shouldn't buy any vix. you really need to know what your doing first even then it's risky. when market rallies vix will plummet. buy spy or vti until you can learn more enough for regular stocks. don't say no one didn't warn you. avoid inversed leaveraged too. buy a stock and hold it.
Ultratech
GeiGei
:
on inverse tickers it's because they sink too low. and these companies don't want buy some of them under 3 because they shoot up the potential gains would be a lot, tickers like hibs, soxs, berz etc got to be around 3 dollars and they reverse split. on some charts it makes them appear more desirable as if occasionally squeeze but it's really only because they always go down further. they're very hard to hold low also take a lot of loss fking with them. People will sell out of fear when market tanks and go buy sqqq and friends thinking it's going to drop further and next day rallies take loss both ways. much better off looking for stocks
101558313 OP : stock split many times. Could someone help me to understand what does it mean?
Butcher71 101558313 OP : Reverse split twice I think - cos keeps dropping. UVXY is leveraged etf - charting doesn’t work quite well. Stick to something u are familiar with
Ultratech : you shouldn't buy any vix. you really need to know what your doing first even then it's risky. when market rallies vix will plummet. buy spy or vti until you can learn more enough for regular stocks. don't say no one didn't warn you. avoid inversed leaveraged too. buy a stock and hold it.
Ultratech : $Vanguard Total Stock Market ETF (VTI.US)$
Ultratech : $SPDR S&P 500 ETF (SPY.US)$
Ultratech GeiGei : on inverse tickers it's because they sink too low. and these companies don't want buy some of them under 3 because they shoot up the potential gains would be a lot, tickers like hibs, soxs, berz etc got to be around 3 dollars and they reverse split. on some charts it makes them appear more desirable as if occasionally squeeze but it's really only because they always go down further. they're very hard to hold low also take a lot of loss fking with them. People will sell out of fear when market tanks and go buy sqqq and friends thinking it's going to drop further and next day rallies take loss both ways. much better off looking for stocks
101558313 OP : thank you for taking time to reply. much appreciated