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ProShares Ultra VIX Short-Term Futures Message Board

  • jondow69 Aug 5, 2012 10:12 AM Flag


    The time of the RS, uvxy was $6.05 , they did a 1:6 stock split so next day UVXY traded at $31.69, the first day of the revese split was the last time UVXY closed above $30. a share. right now UVXY is trading at less than its pre reverse split price! this stock was is a short traders dream. motley fool, just stated UVXY goes up 10% of the time, and 90 % , of the time goes down. so unless your lucky to have picked your spot, you get crushed! i tried to short this last week, but no short shares were available, for you guys who are long, you're in trouble. question is, what happens if they decide to let UVXY go to 0? what happens if no more reverse splits? IMO tvix, will just fade away, too many law suits against credit suisee. these vix products are scams,they are too controlled pre market, and after market. jmo and good luck people.

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