Stock Market Thread - ALL COMBINED

[jordan23]

Does anyone see DXO going any lower than $2.00? What caused the big drop? How quickly will it hit $2.50???

 

[smurphy]

This is grim.

 

[vinnie]

This is grim.

smurf !:00hour

 

[smurphy]

smurf !:00hour

VINNIE:bigun: :bigun: :bigun: :bigun:

 

[vinnie]

smurf DXO :00x16 going to pick up another 2000 @ $1.75 :0corn

 

[vinnie]

1.80 :0corn

 

[vinnie]

got to 1.77 :mj16:

 

[dawgball]

Son of a bi-atch!

 

[dogface]

I think the ACTC is at a low again, yesterday I put in another order at .16 fpr 15k shares. It went down to .165.. I sold when it was at .22 before, so looking to make my loss back and then some.

dogface

 

[smurphy]

Are we burying ourselves with DXO at this point?

 

[vinnie]

Are we burying ourselves with DXO at this point?

well I signed up for 2000 more @ $1.75 :shrug: & it filled got another buy in @ $1.50:0corn

 

[dawgball]

Are we burying ourselves with DXO at this point?

I sure as shit hope not.

For you non-southerners: "sure as shit" is only used when someone is really serious.

 

[smurphy]

I sure as shit hope not.

For you non-southerners: "sure as shit" is only used when someone is really serious.

Did you say before that it's possible for DXO to hit zero?

 

[dawgball]

Did you say before that it's possible for DXO to hit zero?

It is "possible" but highly unlikely because they are resetting each day. I think oil would have to drop over 50% in one day if I understand it correctly.

But I am open to what others have read (not on crazy ass discussion boards -- uhm.....)

 

[smurphy]

DTO is up to $250:mj07: In June they were both $25.:scared

 

[dawgball]

DTO is up to $250:mj07: In June they were both $25.:scared

Are you still holding both?

 

[dawgball]

DTO is up to $250:mj07: In June they were both $25.:scared

And that's pretty close to being accurate.

Double short is up 10 times.

Double long is down... 14 times.

For that many multiples, not too far off. If DXO was just at 2.50 still, it would be equal.

 

[smurphy]

And that's pretty close to being accurate.

Double short is up 10 times.

Double long is down... 14 times.

For that many multiples, not too far off. If DXO was just at 2.50 still, it would be equal.

If you had equal money in each when they started, you would have 8x initial investment.

I was tracking and finally did invest in both. It was working beautifully for 2 weeks. But the last 3 days have given that profit back. Oil is getting killed, but the appeal of shorting has apparently also waned.:shrug:

I'll keep it going for now, but the great trend might be over.

 

[dawgball]

If you had equal money in each when they started, you would have 8x initial investment.

I was tracking and finally did invest in both. It was working beautifully for 2 weeks. But the last 3 days have given that profit back. Oil is getting killed, but the appeal of shorting has apparently also waned.:shrug:

I'll keep it going for now, but the great trend might be over.

I have it at 5X your money, but that ain't so bad either.

If they both started at $25, and buy one share of each.

DTO share = $250
DXO share = $1.75
2 shares = $251.75
Original investment = $50.00

 

[smurphy]

I have it at 5X your money, but that ain't so bad either.

If they both started at $25, and buy one share of each.

DTO share = $250
DXO share = $1.75
2 shares = $251.75
Original investment = $50.00

yes yes - my mistake. you are right - 5x. And it was still on that pace for the month of January and well into this month. The last 3 days are either an aberation, or the trend has stopped. :shrug: