Horizons ETFs Management (Canada) Inc - BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF Class A BTTPF

positive outlook vs. negative whining.

[penelope]

Hi all,

New investor here. Got my account up and went all in 1 week before the markets crashed. Lesson learned ....probably not.

I do have a question for you though. If everyone stopped selling at this ridiculous price and people bought at this great price then would the stock not rebound quite quickly?

Why the hell do people jump ship after a blow like that?

Thx in advance to the experience replies.

[tiodnaci]

Good point.  I agree with you.  If everybody stopped selling, the the volatility will subside in due time and thus the HVI price would quickly bounce back.  I think this stock will only go up in the long run anyways.  We just have to hodl on tight until this volatility monster sunsides in a couple of days.  Good luck!   

[lithomon]

Penelope, another big drop of the DOW could wipe out HVI.  Big risk right now. In fact, all three VIX Horizon's ETF's are currently high risk. One wouldn't want to hold any of the Horizon's VIX instruments for anymore than a single trading day. Money moving out of Horizon's ETF's and back into hard assets.

[Nakate]

Volume/demand has little to do wit the price of the units. unit price is based on the underlying assets that track the vix. Even if there was no trading the price for the units would still follow the vix as the computers that hedge the risk never stop working to zero out the risks. Complicated and dangerous products that can do what they just did without much notice.

[Iseneschal]

Thanks Nakate.........very well informed post. Cheers!

[AHybridofStreetandStocksmarts]

The simple answer would be short sellers...

[LongGuy]

Thanks...a bit more understood.