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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

BetaPro Natural Gas Leveraged Daily Bull ETF
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Comment by mikerosoft666on Nov 28, 2008 1:50pm
210 Views
Post# 15616893

RE: RE: just how many of you...

RE: RE: just how many of you...
Undertaker...

Looking better now isn't it ???  I saw that huge FLOOR (47,000 Bid Size) at $6.50 this morning so I threw in a stupid stink bid at $6.49...   smiling...  it filled...

Since I got spanked so bad in Gold last week I haven't been  WANTING  to own any large positions.  But I couldn't resist this one.  Now have the net up... stop loss at 6.75...

Not selling it ever... or until we are back in $9...

Specboy has warned me not to ignore the possibility Nat Gas could drop under $6 and someone else even said $4 the other day...  I don't expect $4 because $6 is about where most producers are giving gas away at cost.  They don't love us that much...

Analysts say they don't see pricing dropping below costs and expect $7.50 is where we should land before end of winter...  considering this commodity will get over bought we could shoot through $8 temporarily.
Bullboard Posts
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