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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

Post by ellgaron Jul 25, 2011 6:31pm
378 Views
Post# 18871059

Manipulation!

Manipulation!    Who would be shorting NG in this heat wave?
Does not make sense to have the price rise today to $4.46 and now down .10 from there...is there really that much NG reserves and ready supply to justify the low price in the mid summer heat wave and looking like more to come.

  At this rate HNU could be below $5 before the Thursday report so that could be a good buy as how much lower can it go even if the report is bearish...my thought is there's a bigger drawdown than expected on Thursday's report but who's in charge here anyway...LOL!
Bullboard Posts