Replies to post #24194 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[weedresearch]

Also,

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.

[Newyorker]

How much are you betting on your predictions?