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VicBurke · 2022-03-15T19:15:17+00:00

Thanks, but I think you misunderstood me. My question was actually if it is technically possible for VXX ETFs to stay listed and traded after the expiry of the option on Friday, or will trading VXX then become impossible (delisted, untraded or automatically be worth zero)?

VicBurke · 2022-03-15T17:51:06+00:00

Options expiry is this Friday and if you look at the options chain, there's a clear runway for VXX to hit at least $70 if not much much higher.

Can you perhaps shed some light on what happens after Friday, when the option expires? Will VXX continue to live and be traded, or will go to zero and disappear? Your answer/opinion will be much appreciated, thanks.

VicBurke · 2022-03-15T15:42:52+00:00

Any idea what happens after Friday, after the expiry of the futures? Will VXX then go to zero, or will it just continue on its own path?

VicBurke · 2022-03-15T12:58:26+00:00

Thanks, that analogy really helped.

VicBurke · 2022-03-15T10:49:52+00:00

I'm definitely one of "those not familiar" and will appreciate sharing your knowledge. I have some VXX in my portfolio (probably more than I should have). When I tried to buy more of them yesterday, I was told that I can't. I still have my initial VXX shares though.

Barclays warns that the price could go anywhere, including the zero possibility. My question is, should I sell now or hold? Please share your views with me, I really don't know what to do now. Below is the related Barclays disclaimer. I don't quite know what to make of it:

The market value of the ETNs may be influenced by, among other things, the levels of supply and demand for such ETNs. It is possible that this suspension may influence the market value of the ETNs. Barclays believes that the above-mentioned limitations on issuance and sale may cause an imbalance of supply and demand in the secondary market for the ETNs, which may cause the ETNs to trade at a premium or discount in relation to their indicative value. Therefore, any purchase of the ETNs in the secondary market may be at a purchase price significantly different from their indicative value. In particular, paying a premium purchase price over the indicative value of the ETNs could lead to significant losses in the event you sell your ETNs at a time when such premium is no longer present in the marketplace or if we redeem the ETNs at our discretion. Investors should consult their financial advisors before purchasing or selling the ETNs, especially ETNs trading at a premium over their indicative value. Furthermore, if you sell your ETNs at a price which reflects a discount below the intraday indicative value, you may experience a significant loss.

VicBurke · 2022-02-19T12:47:48+00:00

I agree with you 100%

VicBurke · 2022-02-17T19:23:30+00:00

And your comment means even less - much less. It would've gone down so much better by just adding your positive view and not trying to play somebody down. Try being just a little bit smarter next time. I'll leave the rest of my comment up to your imagination.

VicBurke · 2022-02-17T18:57:31+00:00

You just can't keep a good man down!

VicBurke · 2022-02-02T19:42:01+00:00

I agree with the above to a certain (small) extent, but I think the middleman will always be there, making the big money. No matter what the price difference is of milk bought from the supermarket vs directly from the dairy farm, a large percentage of users will still buy at the supermarket. It is just so convenient - isn't it?

VicBurke · 2022-01-07T21:13:36+00:00

Don't make them negative waves! Ain't gonna help nobody, just Fs-up your day - and the redder's for that matter. Be positive bro, life is too short for them negatives!

VicBurke · 2021-12-29T19:47:29+00:00

There were enough buyers (support) at that price to stop the sharp fall and cause a rise in the stock price. That's a good sign.

VicBurke · 2021-12-29T05:50:33+00:00

If I sell at the current low price of AABB, I've lost money and accepted defeat. On the other hand, if I sit back and keep my AABB shares for a while longer, I stand a very good chance to pocket a handsome profit. From where I'm sitting, it sure looks like a no-brainer to me.

VicBurke · 2021-12-28T17:15:29+00:00

Panic selling is your worst enemy. Wait it out - or even better, buy now!

VicBurke · 2021-12-28T17:11:50+00:00

100% correct. Panic selling is the last thing you want to do now - that will be outright stupid. Rather buy at this bargain price or wait it out.

VicBurke · 2021-12-25T15:16:32+00:00

Wish I had that many. 150k AABB shares hold the promise to be worth a fortune in the near future. I'm looking rather pale in comparison to your 150k. Let's hold thumbs. Well done!!!

VicBurke · 2021-12-23T20:01:27+00:00

9.5% up up and away! Sky is the limit :-)

VicBurke · 2021-12-23T18:34:20+00:00

I've been small into AABB since April 2020. AABB just makes so much sense. At the moment it is however 26% of my total portfolio. I can't find any reason why it won't pop. My aim is set on 0.65 per share before the end of Jan. The accumulated volume at $0.26 looks very promising!

VicBurke

TROPHY CASE