FWIW koo....I'm including myself within that broad "retail schmucks" category. Now that being said...within the retail crowd there are those who are move savvy than others, and those who are more schmucky.
The point I was making, in a hackneyed way, was that imo RVX is being played with by some industry types, but no more than 2 or 3...and that the reason its being manipulated is to abet accumulation.
You're absolutely right about the need for diversification...and equally right that....let's say there's a hedge fund accumulating RVX, obviously a HF can certainly better afford losses than can a retail investor.
While I'm playing the assumption game, let's assume that sometime within the year RVX is going to be trading at $10.....and we'll say there's a hedgie looking to soak up as much of the tradeable float as possible. Why? I would posit that when the PPS (hypothetically) hits that $10 mark and Captain Hedge wants to turn paper gains into capital gains...he/she will want to be selling in a controlled manner so as to ensure maxiumum profits without having to compete for buyers with a bunch of retail investors anxious to cash in and buy a new car.