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gongren's  Instablog

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Fulltime engineer looking to trade fulltime
My blog:
Tyalgo Strategy
  • Should You Trade TVIX Anymore?  0 comments
    Apr 3, 2012 2:12 PM | about stocks: TVIX, UVXY, VXX, XIV, SVXY
    With the "irresponsible" acts of halting and continuing issue of new notes for TVIX, I don't think Credit Suisse should be considered of "capable" to maintain the stable values of the notes they issued. This ETN has made the "insiders" millions of dollars, when un-informed small traders/investors got burnt (losing more than half the values in 3 days??)... I think Credit Suisse is not capable of handling the trades of TVIX and should be subject to withdrawal by SEC.
    Themes: Volatility Stocks: TVIX, UVXY, VXX, XIV, SVXY
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