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Bullboard - Stock Discussion Forum 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... see more

TSX:HNU - Post Discussion

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Post by ANALOG GUY on Feb 14, 2024 1:57pm

Fun Fact

In the 15 years since inception HNU has been consolidated 1:54

1 year ago the stock broke through $2 and was consolidated 1:15

Perhaps we should stop calling it "investing"
Comment by CrazyTrader on Feb 14, 2024 2:07pm
Ohhhh I think the ratio must be higher than 1:54.......... Chart shows $100,000,000 down to $3.68. $3.68x54 is only $198.72 that's a far cry from $100,000,000.00 All just my opinion/view/thinking
Comment by CrazyTrader on Feb 14, 2024 2:18pm
I think you have to multiply the consolidations, not add them. So, if last one was 1:15 and the one before that was 1:20?? and the one before that 1:10?..... that would work out to be 1:3000. Given the chart, it's probably worse than 1:3000  much worse. All just my opinion/view/thinking/guessing
Comment by InvrsContrarian on Feb 14, 2024 2:33pm
We hit the 1.65 range. Kinda wasn't expecting it to hit so soon. April contract is the usual the low point Of the year. How low can it go is everyone's chant at the moment. This is my first April. So a steep learning curve. 
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