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Hanibal

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Hanibal

Re: agribusiness72 post# 765

Saturday, 12/10/2016 11:50:55 AM

Saturday, December 10, 2016 11:50:55 AM

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UVXY is not a stock, but a 2x leveraged ETF which tracks the volatility index. Anyone who invests in this for long term is a grade A moron because 1) it is designed to decay over time (that's why it reverse splits like clockwork) and 2) we're still in a bull market, so volatility is kaput.
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