VelocityShares Daily 2x VIX ST ETN (TVIX)

[Headley Lamar]

Think about it this way - CS is a sinking ship, laying off huge portions of stag an selling off assets to stay afloat. If they can scam investors using a loophole like ETNs to the tune of a few billion dollars and then turn around and settle lawsuits for 50 million, they still pocket billions. TVIX is a scam being run by a desperate bank run by crooks. Sell on the next bounce and save yourselves a ton of grief.