VelocityShares Daily Inverse VIX Short Term ETN (XIV)

[eric4x]

I believe SVXY will come back soon enough.*

If it increases by ten times in two years, is THAT good enough?*

I got a sarcastic "Thanks pal!" from a mysterious admirer. Well, I hope no one is blaming me for their losses.*

Since SVXY did not exist in the last big downturn, it's kind of hard to say for sure.*

To the extent the VIX has anything to do with it, we know THAT will go back. This alone doesn't restore SVXY to its previous level, but it would go up quite a bit.*

Someone said that if you held stock in General Motors after the 1929 crash, you would have come out all right. But if you held stock in Stutz Bearcat, it would never have come back.*

I checked, and I can't find any information about the Stutz Motor company in relation to stock prices. But the principle still holds with other examples.*

XIV is like Stutz Bearcat. The question is whether SVXY is like General Motors.*