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Bullboard - Stock Discussion Forum 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 Discussion

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Post by JettJava on Apr 24, 2020 10:07am

So Much Negativity

I bought at 6.01 4.50 3.25 and 1.75 we all lost but I still believe this will go back up.... if HOU goes to .75 I will go all in on HOU ..... either strike Gold or sink with the Ship! This is what keeps life interesting!
Comment by Mat1791 on Apr 24, 2020 10:09am
Jett sorry for the loses, tough timing. If I were to tell you that this is going to .60 and you could sell now and buy back, isn't it worth it?? Not telling you to do that, but the info and numbers make sense.  Not sure when this get fixed, if NAV is reached if that will be the catalyst, but just saying...
Comment by stockrider123 on Apr 24, 2020 10:12am
it is for sure going to 0.75 but please do not buy. there is too much technical details that we cannot explain every 10 minutes. The NAV to day will be around 0.58 if oil continues 5% up. Just wait till Monday. I would strongly suggest sell all at $1. If you really want then buy it back it 0.75 today itself and you save losing 25% of whateven amount you invested that could be thousands of dollars ...more  
Comment by Mat1791 on Apr 24, 2020 10:15am
Not sure if they just don't trust most of us, think we have another agenda??   Stock board on smaller caps with lower liquidity have those issues, perhaps they are tainted from a past board or stock.   But if so, why continue to  post and read???
Comment by stockrider123 on Apr 24, 2020 10:18am
by the time i finished typing my answer it is already 0.9 not 1.0 10% down in 5 minutes. It is falling at a high speed than expected. Better to be done with today i guess.
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