VelocityShares Daily 2x VIX ST ETN (TVIX)

[gumbie05]

I sold, for a slight profit, in the last little "spike" from $3.95 to $4.80 before the reverse split! After they announced yet another Reverse Split (third one in about 18 months time span) I finally figured out that this thing is worst than most OTC Stinky Pinkies where there's an unlimited supply of shares to always hit the market! Thanks but no thanks! The best trade in this POS is to wait for a major correction in the market then let this thing spike...then SHORT the living daylights out of it. You're almost always guaranteed to make money!
- JMHO