Posted by hamvestor on 21st of Feb 2012 at 08:20 pm
I'm not sure what the impact of this will be on the share price,
but I would guess it will mean exaggerated upward pressure if
volatility increases because of the restricted number of
shares?
"Credit
Suisseannounced today that it has temporarily suspended
further issuances of the VelocityShares Daily 2x VIX Short-Term
ETNs(Ticker
Symbol: "TVIX") due to internal limits on the size of the
ETNs. This suspension does not affect the Early Redemption
rights of noteholders as described in the pricing supplement."
GERN
Posted by drmolar on 21st of Feb 2012 at 03:49 pm
Any news on GERN?
I don't see any news
Posted by steve on 21st of Feb 2012 at 04:03 pm
I don't see any news on GERN but it ran up and filled gap with a shooting star on Friday which was a warning to watch out for a reversal attempt.
http://stockcharts.com/h-sc/ui?s=GERN&p=D&yr=0&mn=8&dy=1&id=p31410875346&a=239008806&r=306&cmd=print
Glad I made quick trade
Posted by honzer on 21st of Feb 2012 at 05:10 pm
TVIX vs VIX
Posted by harpermiller on 21st of Feb 2012 at 03:55 pm
Can anyone help me with this the vix is up 5% and TVIX which is 2 times is almost even shouldn't it be up alot more - thanks
TVIX
Posted by steve on 21st of Feb 2012 at 04:08 pm
This may help you understand TVIX..don't trade anything you don't understand.
http://seekingalpha.com/article/378851-velocityshares-daily-2x-vix-short-term-etn-4-key-price-drivers?source=yahoo
This article does a decent job of explaining why I continually stress using all leveraged instruments as hedging (short term) trading vehicles only.
TVIX news
Posted by hamvestor on 21st of Feb 2012 at 08:20 pm
I'm not sure what the impact of this will be on the share price, but I would guess it will mean exaggerated upward pressure if volatility increases because of the restricted number of shares?
"Credit Suisseannounced today that it has temporarily suspended further issuances of the VelocityShares Daily 2x VIX Short-Term ETNs(Ticker Symbol: "TVIX") due to internal limits on the size of the ETNs. This suspension does not affect the Early Redemption rights of noteholders as described in the pricing supplement."
http://finance.yahoo.com/news/Credit-Suisse-Temporarily-prnews-3084612990.html?x=0