Replies to post #26753 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[JTrader]

http://money.cnn.com/2015/02/09/investing/spy-sp-500-etf-investing-popular/

TVIX is not a company. It's an inverse etn. Market goes up, TVIX falls. Markets fall, TVIX only slightly goes up. I never hold this overnight. Cut your losses on the next spike(if any). TVIX loses value every single day because of contango. It's basically a slot machine at this point.