BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

BUY or HOLD.

[katelynragogna]

I see this as Opportunity. Yes its a risky one.
I am willing to take that risk when i look at the bigger picture and I refuse to let panic make me lose sight of it :)

[smashblox]

one simple thing ... go to their website and see what is last closing price https://www.horizonsetfs.com/ETF/HOU  and tell me whthere it is 2.32 or .37

[FairMarkets]

Read the press release from yesterday.  NAV $0.37.   You must really be screwed on the long side to be spewing this garbage, smashblox. Good luck.

[Copperrun]

yah nav was .37 but that was when hod was $30

[MixedMessaging]

FairMarkets dont spread your fear and misinfirmation.  News today stated, one times leverage and tracking July Contracts.   You are either very misinformed or bordering fraud.... 

[Drake1234]

This stock resets every day. So you'll be buying $0.37 (well maybe $.50-$.75 after today's action on June WTI) worth of the July contract at 230. Good luck getting back to $2.00 from that level any time soon, especially with no leverage. 

[FairMarkets]

You might want to reread the press release. "Effective at 2:30 p.m. (EST) today, it is anticipated by the Manager that the daily performance of HOU will endeavour to correspond to one-times, instead of two-times, the daily performance of its underlying exposure based on an amended rolling methodology described below." "Based on the current rolling methodology employed

[smashblox]

where does it says it will be based on NAV .37

[stwatcher]

call them ! They will tell you exactly what their calculation is and how far of the market is trading relative to actual

[valmeidan]

https://www.newswire.ca/news-releases/horizons-etfs-announces-the-estimated-net-asset-value-for-shares-of-its-betapro-crude-oil-2x-daily-bull-etf-at-its-2-30pm-est-valuation-time-829237592.html

[REguy90]

None of that has anything to do with the fact that the underlying NAV is 37c and going to get rekd even further on negative roll yield to the new contract. Sooner or later reality will catch up.

[smashblox]

2:30pm is only few hours away. lets see who is right

[Canucks7717]

Are you saying that at 2:30pm we should know if this is going to be adjusted to be trading closer in line to its NAV  or not? 

[katelynragogna]

Ill take my chances and hold thanks.  My own personal decision with my own shares.

[uwograd]

iAM NEW TO THIS I HAVE 2000 SHARES OF HOU i was reading news on their website . Do not clearly undertand .If they reaches 0 then all investment will be lost or when they rise you will get money back at share price .Please advice on this 

[uwograd]

Please advice what should i do buy or sell or hold HOU

[Charlie_Chan]

Sell now and check back around 3:30 to see where the share-price has gravitated. Your potential loss is in multiples to what your potential gain is. 

[MixedMessaging]

Charles, thats the worst advice I've seen.. smarten up

[Charlie_Chan]

We shall see! I'm either right or wrong!  I know I wouldn't hold this presently, but good luck to the ones who can stomach this volitility!