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Originally Posted by xpl0sive
im holding YNG and CLL. CLL, i'm down 50% on, YNG is coming back a bit, but it's still depressing lol... was gonna put more into YNG a few weeks ago but decided against it
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Dang, sorry to hear that, I don't want to influence you one way or the other, but I would be pulling the pin on CLL, they have a 100M convertible debenture payment due at the end of the month, and based on historical figures and the previous news releases, they likely do not have the money for this so you can expect more dilution and a shittier share price. Unless you are VERY bullish on the price of oil.. you may strongly want to consider getting rid of CLL before it's back to the twenty's.
YNG should have a good run, especially with any action on the part of the feds. The latest news release really wasn't received by the market as strongly as I expected, I will be adding to my position as soon as there is a down day so I can salvage what gains I can get from my Alcoa shares. (Down day wait is because Alcoa has been climbming and I would like to drop it after it's done this "little rally")
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Originally Posted by xxxrsxxx
Very tempted to buy more tvix to average down but running low on cash. That's 4 huge straight days of gain.....I'm freaking out.
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Interesting how the dynamic of the TVIX is constantly changing (Since I picked it up anyway), it no longer follows the beat of the S & P 500, but actually follows the movement of the VIX, what you are seeing is essentially the lowest end you can expect to see TVIX trade at, we are now at the historical average for the VIX and there is no reason to suggest that these are not "volatile times", if I wasn't already in, I would be buying.
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Originally Posted by PaulWALKER
quick question for you guys, currently I'm trading through TD Waterhouse but at $30/trade I feel like its a bit expensive so I was wondering what brokerage are some of you guys using?
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Quest Trade!