Next Estimated VXX Reverse Split—December 11th, 2021

I’m estimating Barclays will reverse split VXX for the 6th time on December 11, 2021, based on the recent decay rates of around 6% per month (when the market is not correcting).  The market crash in early 2020 drove VXX’s price up quite a bit. For a security doomed to decrease in value over time Barclays’ VXX does amazingly well.  Its volume averages over 25 …

Read moreNext Estimated VXX Reverse Split—December 11th, 2021

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?