Post by
Diamfrank07 on Feb 06, 2018 1:48pm
1.85 and 2.25 is what money manager believes its worth
how is this possible? how it can be worth 80% less than the close from yesterday???????????????????????????????????
Comment by
jicoop on Feb 06, 2018 1:51pm
LOL , i predicted this earlier today. Either we follow the SVXY or somewhere else, like between $1.50 and $20.00 . I have no F*&N clue at this point. Even the experts have no idea. From 10 to 5 in minutesw LOL
Comment by
Ubervak on Feb 06, 2018 2:53pm
Not sure if anyone answered you.. The reason this us down so much is not a fraud... it's simply everyday after hours this ETF rebalanced with vix future contracts between m1 and m2.. check vix central. Unfortunately the vix spiked at the wrong moment and the fund lost all the money between m2 - m1 = current price. Hope that helps understand what happened. -Uber