Yet it will never go up enough for any longs to make a profit.
The market might go down 100 pts., but that will not guarantee TVIX will go up.
As long as life is normal, TVIX goes down.
because I gave out three 1 star reviews.
I did not write just 1-3 lines and give 1 star reviews. All of my my reviews are at least 3 paragraphs, very detailed with reason of the low rating.
YELP is only helpful with photos of the food and store. Do not believe the star rating because they filter all of them.
YELP REVIEW IS A SCAM.
Soros Bets $2 Billion on Stock Market Collapse
Saturday, 16 Aug 2014 08:41 AM
The chairman of Soros Fund Management lifted his position to 11.3 million put options on the S&P 500 ETF (SPY), boosting the short position from 2.96 percent to 16.65 percent. The dollar value of the position soared to $2.2 billion from around $299 million. At 16.65 percent, that position is the biggest slice of the Soros firm's portfolio.
5:21 pm ET
Aug 14, 2014
Soros Fund Management Exits Stake in Some Tech Companies
Soros Fund Management LLC sold out of holdings in several technology firms in the second quarter, including Sina Corp., Brocade Communications and Marvell Technology Group Ltd.
Dow goes up, TVIX down, Dow goes down, TVIX down.
As long as the life is normal, TVIX goes down.
Two years ago TVIX was at $8000, now $2.95
You have been warned.
1M share of 9.40M float traded @ 20.10 ~ 20.60 range. Last time WB trade at this range is July 30 with 1.4M traded @ 20.50 range.
Good volume ahead of ER tomorrow after close. We can see a good 10-15% pop or dump on Friday depending on the ER.
Nonetheless, Chinese stocks is a buy before Alibaba IPO on Sept. 16, imo. Alibaba owns 18% of WB.
My friends are at max level 650~ and they never spent a dime. KING only makes money off people who would spend money to gain advantage on a FREE game.