BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

READ the news release

[gashole]

It explains everything... stock will trade ABOVE net asset value.. They are NOT issuing new subscriptions, which means open market buying will push shares UP not DOWN !!

[flyboy27]

Hey! Gashole! your correct .   Put your sell at $20.   LOL!!!!!!!!!!!!!!!!!

[gashole]

Yes I have 50,000 shares at 1.35. 

[AngelaF]

This post has been removed in accordance with Community Policy

[flyboy27]

then your buyin pizza!!

[Markus]

Please have the pizza delivered to my address: 123 Sell Street Sell, ON S0L S0L Thanks

[Saltlife]

Sure you do.  

[gashole]

I have 4 million of stocks... Im a grown adult unlike you with assets.. and a business. Im not a kid, Im 52 and have employees... I live in a nice house not a rented trailer. 

[G4General]

If that was the case,  who would risk buying HOU not knowing what return it's reading on  if a return is made.  It will be rebalanced tomorrow to referent the asset value.  

[RichyRich$]

G4General... that's what I believe. It will rebalance to the NAV tomorrow. I sold and got the hell out! HOU should be 10 cents based on NAV! When I called Horizons they eluded that it was a glitch and they're looking into it. Either way... even if it does open the same tomorrow. I'm not taking the risk! Oil is I have a weird rashd! Buy Crew Energy. Still a crazy low deal and they do

[gashole]

Nat gas is the way to go. Gas production will drop as shale drops, gas should be much higher in 4 to 6 months. 

[bubba9]

Try CPX if you like basically a safe utility that currently pays a huge dividend.

[RichyRich$]

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

[Mat1791]

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

[GunnerG]

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]

We all could have afforded to be more educated on this one...   I took a bath over Easter and most of last week, but switched to HOD, and at the least gained back 80% of my loss.   Just want HOU to survive this,know that I understand, will be looking for a good entry, and ride oil the other way in the next few weeks.  HOU with backwardation will be the goal. GL

[Paul1968]

I'm new to these ETF types of investments. What does it mean that Horizons will not issue new subscriptions? It will still trade on the TSX? Are the subscriptions separate from the publically traded shares? Just trying to understand how to play this. Almost bought this morning then after the halt, almost figured it would stop trading entirely but I guess I didn't understand correctly as it