TVIX Gets a New Lease on Life
On Friday, December 14th, Credit Suisse announced a 10:1 reverse split of TVIX, effective the 21st. I had pretty much given up on TVIX because its price had slid way past the logical reverse split point and has traded below $1 for the last 16 trading days. However instead of fading to black TVIX is now back into a reasonable trading range. In February 2012 Credit Suisse …