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ProShares Ultra VIX Short-Term Futures Message Board

  • bechody bechody Jan 29, 2013 12:55 PM Flag

    New all time low for UVXY is here. DO NOT BUY THIS SCAM

    This FUND is a FRAUD. You''ll lose. I guarantee it.

    Sentiment: Strong Sell

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    • I'm not accusing anyone of anything, but this fund is very suspicious. It's hard to believe any financial managers could be THAT stupid as to lose 5-6% -every day - for months on end. Even an untrained monkey could throw darts at a board and do better, literally. Why anyone believes this is a legitimate fund and not manipulated for the shorts' gain is beyond me. I'm riding it for all it's worth. I teach stock trading as a part-time job and all of my students learn how to short using this position. It's a good way to boost their confidence by giving them a sure thing that you know they will win on and have zero chance of any risk. It's few things in the stock market that are zero risk. This is a rare gift. I plan on riding it all the way down to penny stock status.

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