Replies to post #7299 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[NlikeFlynn]

Believe me, I was really tempted to flip it once I saw that it was close to $6. But this thing has such wild moves I just chose to stay. I made a killing in 08 when this and the UVXY went crazy. I think that once we can unwind some of the built up contango in this we have a shot at making a lot of money here. I remember seeing $20-30 a day moves in these back in 08'.

[77steel]

Believe me I think it is! I'm all in. Sold every other position I had!