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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s):  HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.


TSX:HOD - Post by User

Comment by mikerosoft666on Jan 04, 2009 3:13pm
390 Views
Post# 15681050

RE: Rough day for HOD

RE: Rough day for HOD
I watched that middle of the night tanking of oil and was thinking I would sell HOU in the AM  - but you can't because TD needed it called in....  and so you sit on the phone for 20 minutes waiting to get a trader...  In the 20 minutes I had already made about .80¢ / share.  Thanks TD - for your continued lousy service... why if I wasn't trading at $7 / trade I would move to....


I think HOU still has a little further to go while this Gaza things continues.  But expecting it will end quickly and probably in the middle of the night for us PST time zone folks.  I intend to be out of HOU before Wednesday morning.  If the numbers cause a POP then I will leave that money on the table.  Been burned too many times in this manipulated market - like all the rest of the time it ISN'T manipulated ???  LOL

I think HOD will be interesting anywhere from Wed on but I just don't know for sure and very envious of those guys that do know for sure.

Also playing HSU for another 10% I figure - maybe up to Obama's Inauguration,  then looking to either HXD or HSD.  HXD can be floated by oil and gold alone,  expecially if Mining and Materials is showing strength although they should tied to manufacturing and industry which doesn't have anything bright in the 6 - 9 month outlook.

Would love to read other opinions on same...


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