- 302
- 600
- Joined
- Mar 15, 2017
Lol 1996
It pointless going back and forth we are not on the same level.
You know Puerto Rico debt why series do you own? PR was never going to be allowed to bankrupt power bonds (prepa) and those are general obligation. The Supreme Court blocked action for PR to absolve itself of power bond liability.
The majority of you don't get it or understand the oppertunity that is present within markets.
To gleen you on how a fund an return 121% is based on leverage and a low aum. A good prime will give 10 to 1 on your money. But 2x to 3x leverage etf (uvxy when brexit happened) corner the same position you are right in by buying near term puts and be right for about 20-35 days straight. Couple that with buying USO and other oil etf's whine oil was cheap made for a great year. But sure I didn't pal.
It pointless going back and forth we are not on the same level.
You know Puerto Rico debt why series do you own? PR was never going to be allowed to bankrupt power bonds (prepa) and those are general obligation. The Supreme Court blocked action for PR to absolve itself of power bond liability.
The majority of you don't get it or understand the oppertunity that is present within markets.
To gleen you on how a fund an return 121% is based on leverage and a low aum. A good prime will give 10 to 1 on your money. But 2x to 3x leverage etf (uvxy when brexit happened) corner the same position you are right in by buying near term puts and be right for about 20-35 days straight. Couple that with buying USO and other oil etf's whine oil was cheap made for a great year. But sure I didn't pal.