I rarely trade it anymore. If I do its on a very strong market Friday with possible issues that can worsen over weekend. This Note is more fixed then its ever been. It goes down a lot on Market down days, so you cannot rely on market or TRUE market volatility anymore...Good Luck!!!
VIX Inverse Funds/Notes have turned from a volatility investment to implied or controlled volatility Investment. Implied volatility is what they fix it at. It should now be called a Disaster Note. That is the only way this investment will ever continue on a Northerly Trek.
Six months ago it was trading near $9 bucks. Silver has dropped 20%, yet stock has dropped 60%...All the small to medium miners I check are under $5 bucks and some are under $1 dollar. Why are they just letting there stocks trade to possible bankruptcy levels. Why don't they buy stock back with the reserves they say they have?
If it was a stock with its "Lower lows" and "Lower highs" it would need to be left alone, but its an exchange traded note in a volatile market. Its due for its next Lower high. You never know, something big can happen picking up some change.
Remember when BABA broke a $100 and everyone thought it would go to the Moon. Its been stuck along with the other baby in the bath water Apple. I would think if this market is healthy then why are the 2 favorite stocks stuck in a trading range that tells just the opposite. Actually a 1 month chart shows them both being down. Anyhow its not a reason to go out and buy TVIX, but it is something to think about.
Something is definitely wrong, but 20? If Russia does pull a move like that, all bets are off. A move that dramatic could collapse the market..
Now they are saying 16-20 billion minimum. By the way its trading it could be worse...Anyone?
I am shocked it bounced off $1050 like it did. Nothing has changed. There is still global slowing and Japan and Europe is in recession. To validate the slowing all you have to do is look at "OIL". I do not think it will go to $850, but I do believe if it falls again to $1050...IT WILL NOT HOLD!!!
NEW YORK - December 22, 2014 - Vringo, Inc. (VRNG), a company engaged in the innovation, development and monetization of intellectual property, today announced that the High Court of Justice, Chancery Division, Patents Court in the United Kingdom ordered ZTE to make an interim payment on account of Vringo`s legal costs incurred with respect to the UK part of Vringo`s European Patent 1,212,919 (the "`919 Patent"), previously found to be infringed by ZTE and valid as amended. The Court ordered ZTE to pay Vringo £600,000 (approximately $938,000) after taking into account a balancing payment to ZTE with respect to Vringo`s withdrawal of another patent from litigation, by January 12, 2015. ZTE`s obligation to pay for Vringo`s remaining costs with respect to the `919 Patent will be assessed by a separate process, unless agreed, to be conducted next year.
What happened to Gold for 5 years. Its still 75% fro its high and still can't make any money. They must be pillaging, because were not getting any of it. AUY was one of the best smaller Miners, now its just another failure to communicate commodity causality in the world of commodity Mining manipulation!!!
Useless pieces of commodity garbage!!! What does Dinner boy McEwen have to say about going bankrupt?