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Bullboard - Stock Discussion Forum 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 Discussion

BetaPro Crude Oil Leveraged Daily Bull ETF > How do You Like Your Measily 7.0% Gain.
View:
Post by RichyRich$ on Apr 23, 2020 9:57am

How do You Like Your Measily 7.0% Gain.

Lol. Horizons totally I have a weird rash'd everyone. They go rid of the opportunity to ride a rebound at 2 X Leverage. They should have kept it at June Futures 2 X Leverage until the normal May 6 rollover.
Comment by itharami on Apr 23, 2020 10:01am
It would've gone to zero on tuesday.  But since they manipulated the price, you're right, they should've just continued with June contract and 2x leverage.  That way HOU would be above $2 right now.
Comment by timetolearn on Apr 23, 2020 10:18am
well hindsight is always 20/20. Jun could have gone down more while July up. I am sure people will then say Horizon "manipulated" to keep it in June when they should roll.
Comment by bojangle3 on Apr 23, 2020 10:14am
l rode this pig all the way down from 7 $ now they won;t let it go up. that must be illegal ? uco kept following the price of oil right up till they split. this stock should follow the price of oil no matter what.
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