Replies to post #29860 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Gary Ray]

100% they knew that's what was gonna  happen. No need to R/S when it bounces back up nearly 30% with a potential further run and market crash. $12 isn't $6 like usual R/S level.Now any little upward market movement and this thing drops heavily on elastic dumps.
Glad I dumped before market close yesterday