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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HZOZF | HROZF

HOU¿s 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%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Comment by RichyRich$on Apr 21, 2020 12:05pm
222 Views
Post# 30934376

RE:RE:RE:The Halt Saved us 15% Loss

RE:RE:RE:The Halt Saved us 15% LossYes. You can sell but not buy. I bet the pros are buying at a premium knowing this flash crash will rebound hard. So they're hoping you sell now even at a premium. Remember HOU buys physical oil contracts. That's why they always roll over. Because they don't want to take physical delivery of the oil. But theres probably people that want to take physical delivery and will buy our shares which are oil contracts to buy oil. But when oil is this cheap. It makes sense they would pay a premium before prices jump higher! So hang on and only sell at a higher price! Good till cancel order higher.
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