ProShares Trust Ultra VIX Short Term Futures ETF UVXY

RE: TENX

[MichaelRyan2]

I was little dissappointed after Friday BIGGEST VOLUME DAY EVER to jump to $2.20+ in opening bell only to drop nearly 17-18% in tens to $1.80 which it then failed to break $2.00 and decayed most the day on lower volume.

It had a decent bounce off $1.63 at 1:30pm and tried to fight back to $1.80 at end of the day.

On a 1 YEAR WEEKLY CHART you can see that TENX is just now bottoming process

Should it be able to break above this TRIPLE TOP around $2.70 high we experienced Friday really is no resistance to $5-$6 range

[LongGuy]

These pharma stocks are head scratchers MR!  Like manx said...you got to swing in and out of them when they spike hard either way.  Alot of traders loose money on these because they hold to long or sell when they sink.  I had a stink bid in all day for tenx at $1.58...purely based on technicals...and it almost got there...just to busy zsan and glbs to watch for and take the $1.63.

[MichaelRyan2]

I have been looking at some of the plays manx has shared by actually doing some SERIOUS DUE DILIGENCE... understanding the bio co's pipeline, financials, and institutional/insider ownership rather than simply pulling up a chart and speculating. Given the research I have done, it has made me be much less emotional when for example TENX dropped from $2.20 to $1.80 today. Although I was