Wednesday, April 27, 2016 5:57:37 PM
When I said $2.00 on TVIX based on decay....
I know this is based on the VXX......BUT THAT'S THE SCARY PART!!!
It's already below all time low's and is going to be lucky to find a bid soon. The VIX at 13.77 has about another 2.00 to drop before it double bottoms.
So who knows where the bottom is for TVIX. They say it reverse splits about once a year due to the 80-90% yearly decay factor.
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