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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

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 Mat1791on Apr 22, 2020 10:10pm
285 Views
Post# 30942740

RE:RE:RE:RE:RE:RE:Reverse Split

RE:RE:RE:RE:RE:RE:Reverse Split
Barrhead wrote: Yes this may pop; Therefore they have added the provisio 

 'Horizons ETFs reserves the right to cancel or amend this corporate action, if we deem it appropriate to do so, before the effective date.'


Certainly could.  This is the wild west now.  No intrinsic value.

 If there is more buyers then sellers, stock will go up.  More sellers then buyers, stock goes down.  Simple supply and demand now.

 Uneducated are going to dictate where this goes.  

Those in it that don't understand, will get frustrated with it not following oil, like today, and might sell.  Those looking to invest in oil, and have no idea what happen, might think, hey oil is low I'm buying this...

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