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 > WHY?

<< Previous

Bullboard Posts

Next >>

Comment by gasholeon Apr 21, 2020 5:48pm

137 Views

Post# 30936307

RE:RE:WHY?

I think the value is whatever retail investors are willing to pay for it.... So it will be revalued and open at 77 cents? Then it can go up or down throughout the day as invesors pile in or dump their shares? Is this how it works? It gets revalued prior to the open every morning???

YetAnother1 wrote:

AG16AG16 wrote: Can someone tell me why they would publish the net asset value of the stock? Do they enjoy this self sabotage.

So many stock are overvalued, so why the self sabotage?

Their lawyer told them to do it.
In HOU's case, the NAV is basically what they "own"