Large Cap Bear 3X Shares

SPXS-N

Analysis and Opinions about SPXS-N

Signal
Opinion
Expert
COMMENT
COMMENT
July 3, 2015

If the Greeks vote No there is going to be absolute pandemonium next week, for the short-term. If they vote Yes, the Greeks won’t have any government or any money and there will be total pandemonium also. Using a Long Call gives him 60 to 1 leverage. Good strategy? He has looked and played in some triple leveraged ETF’s in an aggressive portfolio. If you do some probability analysis, and have the right amount of exposure to this ETF, and willing to take a 25% loss on it on Monday. His short answer is No, he hasn’t done anything like this, but understands where you are coming from. If the position size is good, why not take a shot at it.

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If the Greeks vote No there is going to be absolute pandemonium next week, for the short-term. If they vote Yes, the Greeks won’t have any government or any money and there will be total pandemonium also. Using a Long Call gives him 60 to 1 leverage. Good strategy? He has looked and played in some triple leveraged ETF’s in an aggressive portfolio. If you do some probability analysis, and have the right amount of exposure to this ETF, and willing to take a 25% loss on it on Monday. His short answer is No, he hasn’t done anything like this, but understands where you are coming from. If the position size is good, why not take a shot at it.

DON'T BUY
DON'T BUY
June 24, 2015

As a portfolio manager, he is an investor, not a gambler. He refers to these kinds of leverage ETF’s as GLC, Guaranteed Loss Certificates. You really have to be on top of these. The way they are structured you can be on the right side of the trade, but still lose money because of the leverage affect and the setting of the pricing. A great vehicle if you want to day trade, but make sure you are aware that you are not investing, you are gambling.

Show full opinionHide full opinion

As a portfolio manager, he is an investor, not a gambler. He refers to these kinds of leverage ETF’s as GLC, Guaranteed Loss Certificates. You really have to be on top of these. The way they are structured you can be on the right side of the trade, but still lose money because of the leverage affect and the setting of the pricing. A great vehicle if you want to day trade, but make sure you are aware that you are not investing, you are gambling.

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Large Cap Bear 3X Shares(SPXS-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Large Cap Bear 3X Shares is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Large Cap Bear 3X Shares(SPXS-N) Frequently Asked Questions

What is Large Cap Bear 3X Shares stock symbol?

Large Cap Bear 3X Shares is a American stock, trading under the symbol SPXS-N on the NYSE Arca (SPXS). It is usually referred to as AMEX:SPXS or SPXS-N

Is Large Cap Bear 3X Shares a buy or a sell?

In the last year, there was no coverage of Large Cap Bear 3X Shares published on Stockchase.

Is Large Cap Bear 3X Shares a good investment or a top pick?

Large Cap Bear 3X Shares was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Large Cap Bear 3X Shares.

Why is Large Cap Bear 3X Shares stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Large Cap Bear 3X Shares worth watching?

In the last year 0 stock analysts on Stockchase covered Large Cap Bear 3X Shares. The stock is worth watching.

What is Large Cap Bear 3X Shares stock price?

On 2020-10-30, Large Cap Bear 3X Shares (SPXS-N) stock closed at a price of $6.09.