Replies to post #765 on The Staffing Group Ltd. (fka TSGL)

[Hanibal]

UVXY is not a stock, but a 2x leveraged ETF which tracks the volatility index. Anyone who invests in this for long term is a grade A moron because 1) it is designed to decay over time (that's why it reverse splits like clockwork) and 2) we're still in a bull market, so volatility is kaput.