I should have said AXIS.ST. It trades on the OMX in Sweden. They are the #1 network video surveillance provider in the world. My buddy is in that line of business and he is the one that gave me the tip on them. It's an unbelievably well run company with great earnings growth and they pay a regular and special dividend every year (minus 15% foreign tax). The stock had a really good day today for some reason. It's a little more expensive to buy foreign stocks (Fidelity charges the regular $7.95 plus an additional $50), but I own it in my retirement account, so that extra commission isn't a big deal if you're thinking long term. AXIS.ST is part of my investing strategy, which is food, energy and security. I'll have at least 2 of the 3 in my portfolio at all times.
I'm a little confused. Are you talking about AXIS.ST or TVIX? I'm guessing you're talking about TVIX. I don't have a stop in place. I may actually double down if it goes under 20. When the S&P was dancing the 200 DMA, I picked up TVIX because I wanted to have something that would protect me in case it couldn't break through. Well, it broke through and here we are.