That's the wrong question to ask. The right question is: "Can TVIX hold above $1 for once, and avoid doing another reverse split like it has done repeatedly (thrice) since it started trading in 2011?"
"Caution, risk is to the upside." ~ really? When has TVIX ever had any upside? Real share value (RS adjusted) is now about 0.000025. Are you thinking it might spike to 0.000030?
I seriously doubt NASDAQ would ever authorize a secondary offering under $1. So forget dilution.
Venezuela descended into chaos in the mid-1980s as i recall, and has been languishing there ever since... once you've bought yourself a TVIX long position, you really need to grab at any straw to justify holding on, as opposed to bailing and cutting your losses.
If you're looking for something to smoke, try smoking TVIX notes. They're not good for much of anything else, but you can a wild buzz off them if you load up the glass pipe properly. Nothing to be ashamed of either ~ some of the longs here are quite addicted, and have been smoking them all day long for years.
Barchart "Chart of the Day" today is "Merkel Corp"... Angela gone public?
i have a thesaurus, but sometimes i just make up words as i'm going along... if you can't outsmart your opponent. try confusing him first.
On the other hand, maybe it doesn't matter anymore. TVIX real share is now so tiny, it may a non-euclidian function, and therefore unpredictable. At this stage quantum mechanics kicks in ~ probability dictates TVIX can be in two share prices at the same time.
bullbreeder ~ AMZN beats too! Wheeeeeeeee !!!!. TVIX plummets from its current .0013 real share price (RS adjusted) to .0009... at .0009, however, i'm a buyer because this market is just manipulated by Janet Yellng.
S&P VIX futures have risen from the low of 14.75 on May 10, to 17.77 (today) -- three points in about a week! -- yet TVIX has gone pretty much nowhere on those three VIX points...
The fact is, not even a rate hike, not even Brexit, would be sufficient for current TVIX longs to regain their recent losses.
No need for seat belts here. TVIX usually just dribbles back down under a buck, every 14 months or so, but rarely crashes.
Wrong oriental ~ short TVIX at any share price, and you can never lose. Eventually it always looks for zero because that's exactly what it's worth. Think of electricity, always looking for a route to ground.
Fact is, after four reverse splits, TVIX real share price is a fraction of a penny. If it weren't derivitive backed by Credit Suisse, it wouldn't even qualify for pink sheets.
I guess that's it for today... up jalf a percent on rate chatter, back in the gutter tomorrow. There are only a few stocks anywhere, on any mainstream exchange, shytier than TVIX.
I was just funning y'all, trying to mimic the inane comments that often come out as the noobs grasp for straws to convince themselves their TVIX positions will ever break even. In fact, TVIX does actually go up occasionally... it's like one small step forward for every five steps back. No doubt the FED struck a small blow for this garbage note with rate-hike chatter yesterday, but don't expect too much, what with 30% monthly contango resistance to be overcome. If I were as paranoid as TVIX longs, i'd be inuendo-ing that Yellen took a long position in TVIX just before she let the rumor slip, and will short it in June (just before she reneges on the hike).
Hike it up Janet !