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



GREY:BTTPF - Post by User

Comment by lithomonon Feb 08, 2018 10:18pm
143 Views
Post# 27531088

RE:RE:RE:RE:RE:HVI traded as low as $1.74 on May 31, 2012 it took 5 years

RE:RE:RE:RE:RE:HVI traded as low as $1.74 on May 31, 2012 it took 5 years LongGuy, Be cautious about this Horizons ETF, it's FLAWED in both directions, as extreme after hours volatility in the USA can continue to wipe out the Full value invested at each declining price level.  That means volatility either way and that is what the system has rigged to wipe everyone out which is what happened to this ETF mostly on Monday after 4pm during after hours trading.  So, the USA after hours trading makes this a faulty or flawed ETF. Best not to bet any further as this ETF is on its way to getting wiped out to Zero even for those who jumped in at $2.25.  So, you are just throwing more money after suicide/bad.  So, best to step away from this flawed trading instrument.  Get out of these BitCon type of instruments & Best choice to buy good companies, hard asset companies like Lithium in down market days, i.e. Lithium developers like FL, SRJ, etc.  Lithium electric vehicle sales will continue to move exponentially higher especially, even more so as the markets continue to fall and investors are left with little to buy the gas gusling SUV's so they buy more affordable vehicles like the $28,000 electric cars plus $7,000 to $10,000 rebates.
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