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

BetaPro Crude Oil Leveraged Daily Bull ETF > READ the news release

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Comment by GunnerGon Apr 21, 2020 3:56pm

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Post# 30935802

RE:RE:RE:RE:RE:RE:READ the news release

Mat1791, thanks for your posts today. You taught me much about how this ETF works.

Bang on with your .37 calculation. Hero for today.

Mat1791 wrote:

RichyRich$ wrote: Bubba9... safe will not be good enough now. Lol I need 4 X Gain to make up for the HOU loss. I bough Crew Energy, Aurora Cannabis, Bombardier. Shhht that would need 15 X Gain to get back to 2018/2019 peak. 3 picks in case one goes bankrupt. Anything is safer than HOU! I sold at $2.22 and was a little ticked I didn't wait to $2.70. But after seeing this halt again. I'll be happy I got anything in the $2.00's!

I believe you will be very happy you got out in the $2s. If this is rebalanced to NAV, which I don't know, it will be worth .37