• MoneyWalksStocksTalk-2.0
    We will have a down 200 pt day soon. Holding my TVIX , it will go $4 by months end
    8/28/12
    Reply (6)
    • Prutti: 200 points on which index? how about this election though? i think the market will be up until it's over.
      8/28/12
    • Prutti: and you also have to hope they don't reverse split before then. it's so low they could reverse split it at any moment.
      8/28/12
    • jahoorkar: Reverse split by itself shouldn't affect your portfolio should it? share price goes up, number shares go down, aint it?
      8/28/12
    • Prutti: yeah, it shouldn't. in my case it will b/c i'm down over 75% on TVIX. Anyway, they usually do a 10:1 split and after that the price keeps
      8/29/12
    • Prutti: declining so it can really screw you over.
      8/29/12
    • Prutti: *not "usually" do a 10:1 split, but the ratio is usually in the higher range. i have no idea what the ratio would actually be.
      8/29/12