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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 28, 2009 10:50am
171 Views
Post# 15733416

RE: RE: RE: RE: I can already predict the future..

RE: RE: RE: RE: I can already predict the future..
Yes - I agree with your strategy.  Far too often that's what I intended to do only to wind up carrying a huge number of "wounded"...  and try to sell break even or higher only to watch the share price sky rocket on some unforeseen thing.

I'm thinking you could hold that 1000 of HOU but please don't take my advice.  I am holding 5000 right now at $8.37 and playing a gut hunch that we may some some oil rally "FOR NO GOOD REASON AT ALL"...  those are always the sweetest wins because they feel like a lottery ticket paying off.  My prognosis would have been to HOLD HOD as numbers continue to be ugly...

"The trend is your friend..." seems to be a legitimate mantra these days.  I just don't know what the short term trend is here.
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