Next Estimated VXX Reverse Split—August 11th, 2020

I’m estimating Barclays will reverse split VXX for the 6th time on August 11, 2020, based on the recent decay rates of around 10% per month (when the market is not correcting).  If the market stays quiet then VXX could reverse split as early as March 2020 but I’m expecting a few volatility bumps along the way.  For a security doomed to decrease in value …

Read moreNext Estimated VXX Reverse Split—August 11th, 2020

Stock splits—will the confusion ever end?

I understand how stock splits, forward and reverse can confuse novice investors, but I was shocked to see Reuters Money publishing a guest post titled:  “An inside look at a bad stock trade.”   This investor’s analysis of VXX’s 4:1 reverse split was: “Such a split means that investors would have one-fourth of the shares they owned before the split, but at four times the …

Read moreStock splits—will the confusion ever end?