Post by
anevsky on Sep 14, 2016 10:45am
HVU price expectations
What are your thoughts guys?
I think if VIX goes to 30+ due to a roughly 10% correction in SPX, we can expect a roughly 300% increase in HVU, to about $12-15.
If the correction in SPX is well over 20%, VIX 40+ and HVU can get to $20.
These rough estimates are based on the last 2 years of price action proportions....
So if there is a full-blown market crash, I honestlyt have no idea how high HVU can get. Does anyone think over $50 per share is possible?
Comment by
anevsky on Sep 14, 2016 10:48am
Sorry that second line should read "if the correction is WELL OVER 10% and UP TO 20%