It's called dump the losers so they are not in your portfolio when the prospectus comes out.....they will also be missing the big gain when this gets rolling....they will buy it after its huge run to show it in their prospectus as a winner...this is how they roll...no big deal for us
TVIX has lost over 99% of its value since inception. Looks like a great long term short! Never more than a day or 2 hold....you will get killed in that thing.
You are correct. It is not a stock and loses money every month due to it's heavy use of options and the eroding premiums they carry. It will go towards 0 over the long run and is only a short term trading tool.
I own an Engineering firm in the Southeast. 18k shares. Been in and out at various levels for the last 2 years. Always kept a core position of 10k shares