Off 75% YTD and trading below $10/share, the iPath S&P VIX ETN (VXX) will get a 1-for-4...

This news story has 6 comments:

Register or Login to rate comments »

idkmybffjill Comments (561)
 
my UVXY puts performed quite well last week :-)
24 Sep 2012, 11:22 AM Reply Like

tdturbo Comments (3)
 
Your puts would have burned you this week.
26 Sep 2012, 10:25 PM Reply Like

idkmybffjill Comments (561)
 
I bought Sept puts last Monday and sold them for a 106% profit last Wednesday.
27 Sep 2012, 11:11 AM Reply Like

tradeonline.ca Comments (15)
 
VXX needs to be labeled as "toxic for your portfolio". How many reverse splits for this dog?
24 Sep 2012, 06:42 PM Reply Like

fabmarch53 Comments (18)
 
¨VXX needs to be labeled as "toxic for your portfolio". How many reverse splits for this dog? ¨

Let´s see if and when Israel launches a preemptive attack on Iran and oil goes to $ 200 in one day.

Then we will talk again about VXX ETN (despite permanent contango) and VIX ... Best regards.
27 Sep 2012, 10:52 PM Reply Like

idkmybffjill Comments (561)
 
And if that happens, then VXX will finally be at $0.50 from its original pre-adjusted price and even if it goes up a 10000% to $50, it'll still be worthless compared to where it used to be.
28 Sep 2012, 08:41 AM Reply Like