VelocityShares Daily 2x VIX ST ETN (TVIX)

[Mierman1313]

CS is diluting, cause this is a cashcow to them. If you compare with any indeces, comparable ETF's & ETN's there are, then you must conclude that it doesn't make any sense that TVIX is sitting at $5.51. It should have been around $15. It is not just TVIX, but also VXX, UVXY, etc... So, perhaps it is true what they say: stay away from ETN's (and ETF's). There is some sort of logic behind its course, but the main direction is: DOWN! Reverse split is due!